ALPHA TRIBE

GEE LtdImportant, 24-11-2025: Company Update

24-11-2025 | 06:39 pm

GEE Limited has entered a development agreement for its leasehold land in Thane, Maharashtra, to unlock value through a modern commercial development. This project pertains to a 13,391 sq. mtrs. parcel, expected to yield approximately 2,90,000 sq. ft. of constructed area for GEE. The company anticipates a revenue potential upward of Rs 400 crore from this development over its lifecycle, enhancing long-term value. The existing manufacturing facility at this location will relocate to Bhiwandi-Kalyan.

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