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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
G. G. Dandekar Properties Ltd

G. G. Dandekar Properties to Dispose of Land Asset

BOARD ▲ Positive Development LOW RISK
📅 Filed on BSE: 01 Sep 2026, 05:03 PM IST  ·  BSE ID: a81f1cdb-e869-4631-a18d-7ea397cb7ca7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's directors agreed to sell a piece of unused land and authorized management to finalize the sale.
🤖 AI Summary
  • Board approves disposal of approximately 1,800 Sq. mtrs. of unused land in Bhiwandi.
  • Sale consideration must not be less than the fair market value.
  • Executive Director and CFO authorized to take necessary steps for disposal.
  • Further details will be intimated upon transaction execution.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Land Area for Disposal
1,800 Sq. mtrs.
Board Meeting Date
1st September 2026
🏢 How This Affects the Company
📈
Business Impact
This decision focuses on divesting non-core assets, potentially streamlining the company's property holdings.
💰
Financial Impact
Disposal of land for fair market value will impact the balance sheet by converting a non-performing asset into cash or equivalent.
⚙️
Operational Impact
No significant operational changes are anticipated from this asset sale.
⚠️
Risk Impact
Reduces holding of potentially underutilized land, thereby mitigating associated holding costs or risks.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders at this time.
👤
Who Is Affected
All shareholders are indirectly affected as the company aims to improve asset utilization.
🔍
Management Signal
This decision signals management's intent to optimize the company's asset portfolio and potentially unlock value.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Disclosure of transaction execution details.
Information on the final sale consideration received.
Details on the utilization of sale proceeds.
LOW RISK Asset sale decision is standard and subject to fair market value.
💡 Investor Takeaway
G. G. Dandekar Properties Ltd. Board authorized disposal of approximately 1,800 Sq. mtrs. of unused land at fair market value in Bhiwandi, Thane.
❓ Frequently Asked Questions
What decision did G. G. Dandekar Properties Ltd.'s Board make on September 1, 2026?
The Board decided to dispose of approximately 1,800 Sq. mtrs. of unused land.
Where is the land G. G. Dandekar Properties Ltd. plans to sell located?
The unused land is situated at Bhiwandi-CTS No. 14/1/C, Village Kaneri, Taluka Bhiwandi, District Thane.
What is the minimum sale consideration for the land?
The consideration must not be less than the fair market value of the land.
Who is authorized to take steps for the land disposal?
The Executive Director and/or Chief Financial Officer are authorized to take necessary steps.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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