Godrej Properties Ltd (GPL) on Thursday promoted executive director Mohit Malhotra as new managing director and CEO, while elevating current MD and CEO Pirojsha Godrej as executive chairman. Godrej Properties gained 7% to close at Rs372.80 per share on Thursday on the BSE, while the benchmark index, Sensex gained 0.30% to close at 28226.61 points and the BSE Realty Index gained 0.20% to close at 1438.78 points.
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