ALFA Filings
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Kalpataru Limited's subsidiary, Ananta Landmarks Private Limited, received a Rs. 14.00 Crore GST show cause notice. The company intends to contest the demand for FY 2022-23.
Kalpataru's subsidiary Abacus Real Estate faces a GST appeal for Rs.13.57 Crore tax demand at the Appellate Tribunal. The company states no material financial impact on operations.
Kalpataru's subsidiary Abacus faces a GST Appellate Tribunal challenge to a favorable order on a Rs.1.36 Crore demand. The company states no material financial impact is expected.
CRISIL Ratings Limited has downgraded the credit rating of Kalpataru Ltd to CRISIL BBB with a Stable outlook.
CRISIL has downgraded the long-term bank facility rating of Kalpataru Limited from 'Crisil BBB+/Stable' to 'Crisil BBB/Stable'. The total rated bank loan facilities are ₹1,362.94 Crore.
Kalpataru Limited has allotted 4,825 equity shares of face value ₹10 each upon the exercise of employee stock options.