Divestment26 Sept 2026, 10:20 pm
G. G. Dandekar Properties Completes ₹2.01 Cr Land Sale
AI Summary
G. G. Dandekar Properties Ltd has completed the transaction for disposing of unused land measuring approximately 1,800 Sq. mtrs. situated at Bhiwandi, District Thane. The sale was finalized on September 26, 2026, for a consideration of INR 2.01 Crore. This valuation was based on a fair market value report obtained from an independent valuer. The completion of this transaction follows the outcome of a Board of Directors' meeting held on September 1, 2026.
Key Highlights
- Sale of 1,800 Sq. mtrs. unused land completed.
- Transaction valued at ₹2.01 Crore.
- Sale based on independent valuation report.
- Enhances company's financial liquidity.
- Strategic asset monetization executed.
Price Impact
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