G. G. Dandekar Properties Ltd
🚀 G. G. Dandekar Properties Receives Buy-Back Offer from Associate Company
- Buy-back offer from associate company Navasasyam Dandekar Private Limited (NDPL) for 30,730 equity shares (23.53% of total paid-up capital).
- Buy-back price set at ₹756 per share, based on valuation by M/s Experity Advisors LLP, Pune.
- Total buy-back amount: ₹2,32,31,880 (₹2.32 crore).
- Offer opens on 7th November 2025 and closes on 21st November 2025, with record date as 8th August 2025.
- G. G. Dandekar Properties currently holds 49% in NDPL; post-buy-back shareholding details to follow.
- No expected impact on public holdings, promoter holdings, or capital structure.
- Board of Directors to decide on participation; decision will be communicated to the exchange.