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Gee inks development pact with Fen-kin Infinity LLP

25 Nov 2025 Evaluate

Gee has entered into a development agreement with Fen-kin Infinity LLP (Developer) on November 24, 2025, for the transfer of development rights of its lease hold land situated at Wagle Industrial Estate, Thane, Maharashtra, India.

The development pertains to a land parcel measuring 13,391 sq. mtrs., earmarked for a modern commercial development. Under the arrangement, the company expects to receive around 2,90,000 sq. ft. of RERA-registered constructed area as its share with revenue potential of upwards of Rs 400 crore during the lifecycle of the project.

Gee is engaged in the business of manufacturing of Welding Electrodes, Copper Coated Wires, Flux Cored Wires and Welding Fluxes.

GEE Share Price

67.09 -0.95 (-1.40%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Graphite India 711.25
HEG 630.00
Esab india 5790.90
Ador Welding 1035.30
GEE 67.09
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