G. G. Dandekar Properties Ltd — Updates, 30-05-2025: Company Update

G. G. Dandekar Properties Ltd. reported several compliance lapses during the review period. Key issues included delays in submitting integrated filings and corporate governance reports, incomplete disclosures on board meeting outcomes and auditor appointments, and inadequate updates in risk management communication. The Vigil Mechanism Policy lacked direct audit committee chairperson access, and the company missed timely notifications for some board meetings, resulting in fines totaling Rs. 23,600. A significant regulatory challenge involves a pending Securities Appellate Tribunal hearing on disclosure of a Deed of Family Settlement, which SEBI considers material for the company. The company is taking remedial actions and policy updates to strengthen compliance going forward.