Kolte-Patil: Amalgamation of Subsidiaries Approved

The Board of Directors of Kolte-Patil Developers Ltd approved a scheme of amalgamation involving Kolte-Patil Lifespaces Private Limited and Kolte-Patil Smart Spaces Private Limited, both wholly-owned subsidiaries, with Kolte-Patil Developers Limited. The scheme is subject to statutory and regulatory approvals, member approval, and creditor consent. Kolte-Patil Developers Limited's turnover for the quarter and year ended March 31, 2026, was ₹23,634 Lakhs and ₹65,834 Lakhs, respectively. The turnover for both Kolte-Patil Lifespaces Private Limited and Kolte-Patil Smart Spaces Private Limited was ₹Nil for the same period.