StockWatch
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Industrial Products
Divestment1 Sept 2026, 05:10 pm

G. G. Dandekar Properties to Dispose of Unused Land

AI Summary

G. G. Dandekar Properties Ltd announced that its Board of Directors, in a meeting held on September 1, 2026, has authorized the Executive Director and/or CFO to proceed with the disposal of unused land. The land, located in Bhiwandi, Thane, has an area of approximately 1,800 Sq. mtrs. The disposal will be for a consideration not less than its fair market value. The company will provide further details upon execution of the transaction.

Key Highlights

  • Board authorized disposal of unused land.
  • Land parcel is approximately 1,800 Sq. mtrs in Bhiwandi.
  • Disposal consideration to be not less than fair market value.
  • Further details will be intimated upon transaction execution.