Latest news with #GPL
Business Upturn
a day ago
- Business
- Business Upturn
Arvind SmartSpaces shares jump 3% as company appoints Priyansh Kapoor as new CEO
By Aditya Bhagchandani Published on July 22, 2025, 09:52 IST Shares of Arvind SmartSpaces Ltd climbed nearly 3% today after the company announced the appointment of Mr. Priyansh Kapoor as its Whole Time Director & CEO, effective August 9, 2025, for a term of five years. The appointment, recommended by the Nomination and Remuneration Committee, is subject to shareholders' approval in compliance with the Companies Act 2013 and SEBI Listing Regulations. The company disclosed this development to the BSE and NSE under Regulation 30 of the SEBI (LODR) Regulations, 2015, highlighting Mr. Kapoor's extensive experience in leadership roles in the real estate sector. Mr. Kapoor has over 16 years of experience, starting his career at Godrej Properties Ltd (GPL), where he rose to become General Manager – Sales & Marketing. He later joined The Wadhwa Group as Head of Sales, Marketing & CRM before moving to Godrej Housing Finance as Head of Business Development & Strategy. Since 2020, he has served as CEO – Mumbai Zone at GPL, where he was instrumental in establishing GPL as the second-largest residential developer in the MMR region by booking value. Mr. Kapoor holds a Post Graduate Diploma in Management from Xavier Institute of Management. At the time of writing, Arvind SmartSpaces Ltd shares were trading at ₹667.75, up 2.63% on the NSE. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
2 days ago
- Business
- Business Upturn
Arvind SmartSpaces appoints Priyansh Kapoor as Whole Time Director & CEO for five years
By Aditya Bhagchandani Published on July 21, 2025, 18:44 IST Arvind SmartSpaces Limited announced on July 21, 2025, that its Board of Directors has approved the appointment of Mr. Priyansh Kapoor as Whole Time Director & CEO, effective from August 9, 2025, for a term of five years. The appointment is subject to shareholders' approval, as per applicable provisions of the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this development to the BSE and NSE, citing the recommendation of its Nomination and Remuneration Committee. The appointment was disclosed in compliance with Regulation 30 of the SEBI Listing Regulations. Brief profile of Mr. Priyansh Kapoor: Mr. Kapoor brings over 16 years of experience in leadership roles, mainly in the real estate sector. He began his career at Godrej Properties Limited (GPL) in sales and marketing, rising to become General Manager – Sales & Marketing. Later, he joined The Wadhwa Group as Head of Sales, Marketing & CRM, driving significant growth. In 2019, he moved to Godrej Housing Finance as Head of Business Development & Strategy and, since 2020, has been CEO – Mumbai Zone at GPL, where he contributed to making GPL the second-largest residential developer in MMR by booking value. He holds a Post Graduate Diploma in Management from Xavier Institute of Management. The company also confirmed that Mr. Kapoor is not related to any other director of Arvind SmartSpaces and is not debarred from holding office under any SEBI or other authority's order. For further details, the company has submitted the prescribed disclosure as per SEBI regulations. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
01-07-2025
- Business
- Business Upturn
Godrej Properties sells 2.5% stake in Vivrut Developers for Rs 8.63 crore in related party transaction
By Aditya Bhagchandani Published on July 1, 2025, 17:23 IST Godrej Properties Limited (GPL) has announced the sale of its 2.5% stake in Vivrut Developers Private Limited (VDPL) to Godrej Ventures and Investment Advisers Private Limited (GVAIAPL), a promoter group entity. The transaction was executed on July 1, 2025, with a total consideration of Rs 8.63 crore. According to the company's filing with stock exchanges, this sale is a related party transaction but was executed at arm's length, with the sale price determined through a fair valuation process. During the last financial year, VDPL contributed a net loss of Rs 0.16 crore, accounting for just 0.01% of Godrej Properties' total profit after tax. The net worth contribution from VDPL stood at Rs 0.17 crore, which represents 0.00% of GPL's total net worth. GVAIAPL, the buyer, is engaged in advisory services and managing, developing, and leasing real estate projects. The transaction does not fall under any scheme of arrangement and is outside the purview of Regulation 37A of SEBI's LODR Regulations. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
30-06-2025
- Business
- Time of India
Godrej Properties acquires 43 acres land in Panipat
NEW DELHI: Mumbai-based Godrej Properties (GPL) has acquired 43 acres land for a plotted development in sector 40, Panipat , Haryana . This project will contain approximately 1.02 million sq ft of plotted residential development and has a revenue potential in excess of ₹1,250 crore. This will be company's fourth residential plotted township in North India.
IOL News
29-06-2025
- Politics
- IOL News
GPL building is not user-friendly for people with disabilities
The GPL urgently needs to offer both people with disabilities and guests access that is respectful, dignified, non-discriminatory and allows for autonomous access, says the writer. At the end of February, I had the privilege of attending the 3rd Commonwealth Parliamentarians with Disabilities Conference in Lusaka, Zambia. This conference was attended by delegates from the following countries: Kenya, Tanzania, Namibia, Eswatini, Zambia, and South Africa. I was one of two delegates from South Africa and was proud to represent both my country and the Gauteng Provincial Legislature (GPL). I was also even more proud to be called on as chairperson for three of the four sessions of the conference, including the Resolution Session. However, my participation in the conference made me realise how little the GPL has done to make our building accessible for people with disabilities. This is happening despite the Secretary General of the Commonwealth Parliamentary Association, Stephen Twigg, having advised us that funds are available to assist parliaments across the Commonwealth. This support has been offered to parliaments facing challenges with disabled parliamentarians in accessing their workplaces, which may be addressed. The Commonwealth believes that structural and technological challenges should be dealt with to create a truly inclusive work environment. As a disabled parliamentarian working in the GPL, it grieves me to tell you that there are no facilities for people with disabilities in the building. Anyone with any physical impairment, such as I have, knows how difficult it is to access the GPL building. As I heard loudly at the conference from my fellow delegates, these kinds of buildings scream, 'People with disabilities are not welcome here.' The GPL urgently needs to offer both people with disabilities and guests access that is respectful, dignified, non-discriminatory and allows for autonomous access. As it stands, this is not the case. One must climb between 90 and 100 stairs to access the building. I would be grateful if attention were drawn to these deficiencies in our building and urge the Gauteng Government to take much-needed action. Madeleine Hicklin, DA MPL, DA Gauteng Spokesperson for Health
