G. G. Dandekar Properties Ltd

G G Dandekar Properties Converts 14,989 CCPS to Equity Shares šŸ“Š

• G G Dandekar Properties converts 14,989 Compulsorily Convertible Preference Shares (CCPS) in Navasasyam Dandekar Private Limited (NDPL) to equity shares

• Conversion follows a 1:1 ratio as per terms in the Amendment to Shareholders Agreement dated 8th March 2021

• Board of Directors approved the resolution via circulation on 23 July 2025

• Formal request letter sent to NDPL on 24 July 2025

• Company will provide further updates on conversion and resulting shareholding percentage changes in NDPL