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Kalpataru Limited, established in 1988 in Mumbai, is a comprehensive real estate development company engaged in land acquisition, planning, design, execution, sales, and marketing of projects.
Kalpataru Limited shareholders, an update! The company has received approval to withdraw its proposed demerger scheme for 'Project Magnus' located in Bandra (East), Mumbai. This project was slated to be demerged from Kalpataru Properties Limited, a wholly-owned subsidiary, into Kalpataru Limited. With this withdrawal, Project Magnus will now continue to...
Kalpataru Ltd. has withdrawn its plan to demerge Project Yoganand, Borivali. The company's board previously decided to cancel the separation of this project into its wholly-owned subsidiary, Kalpataru Residency Private Limited. A tribunal has now approved this withdrawal. For shareholders, this means Project Yoganand will remain integrated within Kalpataru Limited....
Kalpataru Ltd. has withdrawn its demerger plan for Project Yoganand in Borivali, Mumbai. This project was initially intended to be separated into a subsidiary, Kalpataru Residency Pvt. Ltd., to attract external funding. Following a successful IPO, the company now possesses strong internal cash flows, negating the need for the demerger...