KOLTE-PATIL DEVELOPERS LTD.

Kolte-Patil Developers Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The company will declare these results in accordance with SEBI regulations.

Kolte-Patil Developers Limited (KPDL) has announced its strongest-ever launch performance with its project 'Vyana at The Reserve' in Pune. The project achieved sales exceeding ₹600 crore in just 60 hours, with over 600 apartments booked. This landmark launch reinforces KPDL's leadership in the Pune real estate market and highlights strong customer confidence. The 'The Reserve' project, a premium riverside residential development spread over 20 acres, has a total potential saleable area of 5 million sq ft and an expected Gross Development Value (GDV) of ₹4,000 crore. This success follows KPDL's recent significant business development in the Mumbai Metropolitan Region, adding six projects worth ₹6,000 crore in GDV.

Kolte-Patil Developers Ltd announced the grant of 101,748 stock options under the Kolte-Patil Employee Stock Option Scheme-2021. The grant was approved by the Nomination and Remuneration Committee during its meeting on August 24, 2026. Each option represents the right to acquire one equity share of Rs. 10 face value. The exercise price is Rs. 10 per share. Options are exercisable within two years from the date of vesting, as per the employee's grant letter and the scheme's framework.

Kolte-Patil Developers Ltd. has appointed Mr. Hrishikesh Parandekar as its new Chief Executive Officer, effective August 24, 2026. Parandekar, an IIM Ahmedabad Gold Medalist with over three decades of experience in real estate, investments, and strategic leadership, previously served as Senior Partner at Alpha Alternatives. His appointment is aimed at driving the company's next phase of growth, focusing on expansion, operational excellence, and value creation. Parandekar's expertise is expected to bolster KPDL's strategy, investments, and operational performance as the company accelerates its growth agenda across Mumbai, Pune, and Bangalore markets.

Kolte-Patil Developers Limited announced the appointment of Mr. Hrishikesh Parandekar as the new Chief Executive Officer (CEO) of the company. The Board of Directors approved this appointment during their meeting held on August 19, 2026. Mr. Parandekar's tenure as CEO officially begins on August 24, 2026. He brings a wealth of experience from his previous roles, including Managing Director at Morgan Stanley, CEO of Karvy Group and Ambit Holdings, and Chairman of Sugee Group. His academic background includes a Gold Medal from IIM Ahmedabad and degrees in Finance, Business Strategy, Accounting, and Economics.

Kolte-Patil Developers Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its preferential issue of equity shares amounting to ₹417.03 crore. The report, issued by CARE Ratings Limited, confirms that there were no deviations from the stated objects of the issue during the quarter. Funds were utilized for general corporate purposes, including tax payments, salaries, and professional consultancy fees, with proceeds transferred from the MA account to various current accounts before final utilization. The report indicates that all utilization was in accordance with the disclosures in the offer document.

Kolte-Patil Developers Ltd. has announced that it will not host a conference call following the announcement of its Q1 FY27 results. The company cited ongoing internal restructuring measures aimed at strengthening governance, enhancing operational efficiency, and aligning with long-term strategic priorities during a phase of integration and leadership transition. Investors can access the Q1 FY27 investor presentation and results release via provided links.

Kolte-Patil Developers Ltd. reported record total income of ₹937 crore for Q1 FY27, driven by completion of 1.27 Mn. Sq. Ft. The company achieved an EBITDA of ₹206 crore with a 22% margin and PAT of ₹146 crore. Pre-sales stood at ₹617 crore, while collections grew 30% YoY to ₹715 crore. Average realization increased by 29% YoY to ₹9,442 per sq. ft. A significant business development milestone was achieved with the signing of six redevelopment projects in Mumbai, estimated at ₹6,000 crore in Gross Development Value (GDV), marking a strategic expansion in the MMR region. The company also launched new projects totaling 0.78 Mn. Sq. Ft. of saleable area.

Kolte-Patil Developers Ltd announced the grant of 139,826 stock options to eligible employees under the Kolte-Patil Employee Stock Option Scheme-2021. The Nomination and Remuneration Committee approved the grant on August 10, 2026. These options cover 139,826 equity shares of Rs. 10 face value each. The exercise price is Rs. 10 per share, and options can be exercised within two years from the vesting date. The scheme is formulated in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Kolte-Patil Developers Ltd has submitted a statement under Regulation 32 of SEBI LODR Regulations, 2015, detailing the utilization of proceeds from its preferential issue of Equity Shares amounting to Rs. 41,703 Lakhs, raised on June 23, 2025. The report for the quarter ended June 30, 2026, indicates no deviation or variation in the use of funds. The company has extended the timeline for utilization of these proceeds by 12 months, until December 22, 2027, with shareholder approval obtained via a special resolution at the 35th AGM held on July 27, 2026. CARE Ratings Limited is the monitoring agency.