Intimation further to previous intimations dated 6th November 2025 and 13th November 2025 regarding the buy-back of shares announced by the unlisted associate company of the Company.
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G. G. Dandekar Properties has accepted a buy-back offer from its unlisted associate company, Navasasyam Dandekar Private Limited, and received the consideration amount of approximately Rs 2.32 crore on 27 November 2025. The associate company bought back 30,730 equity shares held by G. G. Dandekar Properties at Rs 756 per share (face value Rs 1). The transaction is expected to boost the company's profit and net worth by around Rs 2.32 crore (before tax) and increase its bank balance by about Rs 2.09 crore. Following the buy-back, G. G. Dandekar Properties' stake in the associate will fall from 49% to roughly 33.31%, but the associate will remain classified as an associate company.
This is a one-time, tax-free profit of about Rs 2.32 crore for shareholders, strengthening the balance sheet and cash position. There is no change to the listed entity's capital structure, promoter or public shareholding, so the direct impact on the stock price should be limited.