Pursuant to Regulation 34 of the SEBI (LODR) Regulations 2015 and with reference to submission dated 5th June 2025, the copy of Annual Report is being submitted with only a minor typo error ....
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G. G. Dandekar Properties Ltd has submitted a revised copy of its 86th Annual Report for FY 2024-2025 to BSE, correcting only a minor typo from its earlier submission dated 5 June 2025. The 86th Annual General Meeting is scheduled for 28 June 2025 via video conferencing. Key financial highlights from the report show standalone total income rose to Rs. 421.74 lakhs (from Rs. 398.92 lakhs) with a reduced standalone net loss of Rs. 21.48 lakhs (compared to Rs. 433.73 lakhs loss in FY24). On a consolidated basis, the company swung to a net profit of Rs. 34.98 lakhs from a previous loss of Rs. 435.50 lakhs. The report also discloses a material related party transaction involving reappointment of Executive Director Mr. Pranav Deshpande at Rs. 44.06 lakhs per annum (14.89% of consolidated turnover), and the Nagpur factory has been sub-leased since August 2024.
This is largely an administrative filing with no major operational impact. However, the underlying annual report shows a significant turnaround in consolidated profitability, improved operational performance, and reduced losses, which are mildly positive signals for shareholders.