Godrej Properties loses majority of ₹1,366 crore claims by GoldBricks in arbitration

The arbitration proceedings, which revolved around claims totalling approximately ₹1,366 crore by GoldBricks, resulted in the award allowing only ₹240.8 crore along with simple interest at 12% per annum from the award date until realisation. Shares of Godrej Properties Ltd ended at ₹1,950.00, down by ₹13.15, or 0.67%, on the BSE.

Leave a Reply

Your email address will not be published. Required fields are marked *