G. G. Dandekar Properties Ltd — Important, 27-11-2025: Company Update
27-11-2025 | 08:57 pm
27-11-2025 | 08:57 pm
G. G. Dandekar Properties Limited accepted a buy-back offer from its associate, Navasasyam Dandekar Private Limited, for 30,730 shares at INR 756 each. This transaction resulted in a consideration of INR 2.32 Cr for the company. Consequently, G. G. Dandekar Properties Limited recorded a profit increase of INR 2.32 Cr (excluding tax) and saw its bank balance rise by INR 2.09 Cr. The company's net worth also increased by INR 2.32 Cr. While its shareholding in the associate company decreased from 49% to approximately 33.31%, this event has no impact on its public holdings, promoter holdings, or capital structure.
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