G. G. Dandekar Properties Limited's Board authorized its Executive Director and/or Chief Financial Officer to sell unused land measuring approximately 1,800 square meters located in Bhiwandi.

The land disposal will be for a consideration not less than its fair market value.

This move aims to monetize a non-core asset, potentially enhancing the company's cash flow and optimizing its asset base.

Shareholders can expect further updates once the transaction is finalized.