Business Update4 May 2026, 08:01 pm
G. G. Dandekar Properties: Executes Leave and License Agreements
AI Summary
G. G. Dandekar Properties Ltd has executed Leave and License agreements on May 4, 2026, for a licensed premises of 10,000 sq. ft. in Pune. The agreements have a term of 5 years starting from July 1, 2026. The license fees for a 12-month period is approximately 39% of the company's total annual consolidated turnover as per the latest audited financials. The company considers this information material under SEBI (LODR) Regulations, 2015.
Key Highlights
- G. G. Dandekar Properties executes Leave and License agreements.
- Premises is located on the 4th floor of Suma Center in Pune.
- Agreement term is 5 years, starting July 1, 2026.
- License fees are approximately 39% of annual consolidated turnover.
Price Impact
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