G. G. Dandekar Properties Ltd — Important, 27-11-2025: Company Update

The company accepted a buy-back offer from its unlisted associate, Navasasyam Dandekar Private Limited, for 30,730 equity shares at INR 756 per share. It received INR 2.32 Cr as consideration. This transaction increased the company's profit by INR 2.32 Cr (pre-tax) and boosted its bank balance by INR 2.09 Cr, resulting in a similar rise in net worth. The company's shareholding in the associate reduced from 49% to approximately 33.31%, though it remains an associate. This move positively impacts the company's profitability and cash reserves.