ALPHA TRIBE

G. G. Dandekar Properties LtdImportant, 06-11-2025: Company Update

06-11-2025 | 10:41 pm

The Company has received a buy-back offer from its associate, Navasasyam Dandekar Private Limited (NDPL). NDPL plans to repurchase 30,730 of its equity shares at INR 756 each, amounting to INR 2.32 Cr. This offer represents 23.53% of NDPL's total equity. The Company currently holds a 49% stake in NDPL. Its Board will decide on participating in this offer. The financial implications for the Company, including changes to its investment value or cash position, will be communicated post-decision. The Company expects no immediate impact on its own public or promoter holdings from merely receiving the offer.

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