ALPHA TRIBE

G. G. Dandekar Properties LtdUpdates, 04-06-2025: Company Update

04-06-2025 | 06:54 pm

G. G. Dandekar Properties Limited has announced a board meeting to convene its 86th Annual General Meeting via video conferencing. The company seeks shareholder approval for re-appointment of Mr. Pranav Deshpande as Whole-Time Director and CEO for a three-year term with annual remuneration of INR 44.06 lakhs, reflecting a 14.89% cost relative to the last audited consolidated turnover. Mr. Deshpande brings over 15 years of diverse industry experience in finance, taxation, and strategy, contributing significantly since his appointment in 2022. The board and audit committee support the re-appointment, noting the remuneration aligns with industry benchmarks and benefits the company's growth.

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