Kalpataru Ltd

Kalpataru Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in compliance with the company's Code of Conduct for Prevention of Insider Trading and SEBI regulations. The trading window will be shut from July 1, 2026, until 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial Results for the first quarter ending June 30, 2026. The exact date for the board meeting to approve these results will be communicated later. This measure is standard practice to prevent potential insider trading during sensitive financial reporting periods.

Kalpataru Ltd has been informed that the Deputy Commissioner of Income Tax has filed an appeal with the Income Tax Appellate Tribunal. This appeal is against an order by the Commissioner of Income Tax (Appeals) that granted partial relief to the company for the Assessment Year 2022-23. The tax impact of the relief was Rs. 237.68 lacs, excluding applicable interest. Kalpataru Ltd intends to defend the case and is optimistic about a favorable outcome. The company received this information on June 17, 2026.

Kalpataru Properties (Thane) Ltd, a wholly owned subsidiary of Kalpataru Ltd, has filed appeals with the GST Appellate Tribunal. These appeals are against orders from the Deputy Commissioner of State Tax and Additional Commissioner, dated January 30, 2026, and August 18, 2025, respectively. The demands total ₹396.49 lacs and ₹46.69 lacs for FY 2017-18, related to wrongly availed transitional credit on inputs for property construction. KPTL is optimistic about a favorable outcome.

Kalpataru Ltd has informed the stock exchange that its subsidiary, Agile Real Estate Pvt Ltd, is facing appeals filed by the Deputy Commissioner of Income Tax (DCIT) with the Income Tax Appellate Tribunal. These appeals are against the orders passed by the Commissioner of Income Tax (Appeals) for assessment years 2022-23 and 2023-24, which had significantly reduced earlier income additions made by the DCIT. Agile Real Estate Pvt Ltd will contest these appeals and is optimistic about a favorable outcome. The company received this information on June 12, 2026.

Kalpataru Ltd has announced the withdrawal of its previously approved Scheme of Arrangement for the demerger of Project Magnus from its wholly owned subsidiary, Kalpataru Properties Limited. The decision was made by the Executive Committee of the Board on June 2, 2026, citing that the benefits envisaged from the scheme are no longer relevant. The scheme was initially approved by the Board on January 22, 2024, and filed with the National Company Law Tribunal, Mumbai on September 30, 2024. The company stated that this withdrawal has no financial impact on Kalpataru Ltd or Kalpataru Properties Limited.

Kalpataru Ltd. has announced the signing of a cluster redevelopment project in Kandivali East, Mumbai, with an estimated Gross Development Value (GDV) of approximately ₹1,250 crore. The project, located in Ashok Nagar, spans ~2.8 acres and has a free sale potential of ~0.37 msf carpet area. This residential development will include high-street retail and aims to blend local heritage with modern amenities and green spaces. This project reinforces Kalpataru's presence in Kandivali East, where it has already delivered six landmark developments.

Kalpataru Ltd's Board of Directors approved amendments to the Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information ('Fair Disclosure Policy') on May 12, 2026. This is pursuant to Regulation 8 read with Schedule A of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The amended Fair Disclosure Policy is available on the company's website.

Kalpataru Ltd announced the resignation of Mr. Yogesh Singhvi as Secretarial Auditor, effective May 12, 2026. The resignation is due to pre-occupation and other professional commitments. Mr. Singhvi confirmed there are no material concerns related to the management or operations of the company contributing to his resignation. The company has also uploaded this information on its website.

Kalpataru Ltd has released the Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of IPO proceeds of ₹1,590 crore. The report confirms that the proceeds were utilized as per the disclosures in the offer document, with no deviations from the stated objectives. The report is available on the company's website.

Kalpataru Ltd's Board of Directors re-appointed M/s. V. B. Prabhudesai & Co as Cost Auditors for FY 2026-27. Mr. Yogesh Singhvi resigned as Secretarial Auditor, effective May 12, 2026, and M/s. Rathi & Associates were appointed as the new Secretarial Auditor to fill the vacancy until the next Annual General Meeting. Details of these changes are provided in Annexures A, B, and C, respectively, as per SEBI Master Circular dated January 30, 2026.