Kalpataru's step-down subsidiary, Kalpataru Properties, is acquiring 16.67% equity in Agile Real Estate Dev for Rs 0.49 Crore in cash. The stake purchase will make the target a step-down wholly owned subsidiary.
Kalpataru's subsidiary KPL approved acquiring 16.67% of step-down subsidiaries AREPL and AREDPL for ₹52.55 Crore. This makes them wholly owned, giving Kalpataru 100% of Kalpataru Parkcity project cash flows at Thane.
Value
₹52.55 Cr
Execution
60 days, subject to receipt of requisite approvals
Kalpataru filed CARE Ratings' IPO monitoring report for the quarter ended September 30, 2026. It reports no deviation from offer objects, though fund co-mingling was noted.
Q2 FY27 revenue fell 45% YoY to ₹437 Cr with a ₹71 Cr loss. Pre-sales were ₹1,258 Cr (-5% YoY). Growth rests on MMR and Pune launches and redevelopment.
Kalpataru Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations. The filing reports updated promoter group holdings.
Kalpataru Limited's subsidiary, Kalpataru Properties, received a GST show-cause notice for ₹73.85 Crore. The company considers the demand unsustainable and expects no material financial impact.
Kalpataru Limited reported provisional H1 FY27 pre-sales of Rs. 2,587 Crore and collections of Rs. 2,554 Crore, and announced the launch of project Kalpataru Elaara.
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.
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