G. G. Dandekar Properties Limited has approved a revision in remuneration for its Key Managerial Personnel (KMP) effective April 1, 2026, primarily to align the salary structure with the Code on Wages. The Board of Directors approved the revision based on the recommendation of the Nomination and Remuneration Committee. The adjustment impacts employee benefit expenses by 1.03% for the current financial year, with a total remuneration increase of ₹68,252.

The remuneration revision applies to Mr. Pranav Vijay Deshpande, Whole Time Director & Chief Executive Officer; Mr. Pankaj Arun Parkhi, Chief Financial Officer; and Ms. Ashwini Sanjay Paranjape, Company Secretary & Compliance Officer. The restructuring follows the notification of new Labour Codes by the Government of India effective November 21, 2025, which necessitated changes due to the revised definition of "Wages". Shareholders' approval obtained in the 86th AGM on June 28, 2025, for the overall limit on remuneration payable to Mr. Deshpande remains in effect, so no new approval is required.

Remuneration Revision Details

The Board disclosed the following financial impact of the remuneration revision:

Director Re-appointment

The Board recommended the re-appointment of CA Vibha Surana, a Non-executive non-independent Director (DIN: 08017202), who is liable to retire by rotation. Her re-appointment is subject to shareholder approval at the ensuing Annual General Meeting. The company confirmed that CA Vibha Surana is not debarred from holding the office of Director by any order of SEBI or other authorities.

CA Vibha Surana, aged 39, is a Chartered Accountant with a Masters in Finance and Investment from Nottingham University, UK. She currently works with Uday Gujar Chartered Accountants and is a designated partner at U B Gujar Co. & LLP. She does not hold a full-time position in any other company and is not related to any other director on the Board.

GG Dandekar Properties Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended 31st March 2026. The filing, dated 7th April 2026, fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The certificate was submitted pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Ashwini Paranjape signed the submission on behalf of GG Dandekar Properties Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar issued a confirmation certificate dated 6th April 2026, verifying compliance with dematerialisation processes during the quarter.

The registrar confirmed that securities received from depository participants for dematerialisation during the quarter ended 31st March 2026 were properly processed. All security certificates received for dematerialisation were confirmed or rejected within prescribed timelines, with certificates being mutilated and cancelled after due verification.

Company Information

The submission ensures compliance with SEBI regulations governing depositories and participants, maintaining transparency in the company's share transfer and dematerialisation processes. This quarterly filing is part of the company's ongoing regulatory obligations as a listed entity on BSE Limited.