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Business OverviewCompany is in real estate business (Residential & Commercial) with dominant presence in the Pune and growing presence in Mumbai and Bengaluru.
Kolte-Patil Developers granted 101,748 stock options to eligible employees under its ESOP Scheme 2021. Each option allows purchase of one equity share at an exercise price of Rs. 10, boosting employee alignment.
Kolte-Patil Developers will not host a Q1FY27 post-results conference call. The company is undergoing internal restructuring for better governance, operational efficiency, and strategic alignment during integration and leadership transition. Results available online.
Kolte-Patil Developers' Board approved the Standalone and Consolidated financial results for the quarter. The company also announced the reconstitution of its Audit Committee and Nomination & Remuneration Committee.
Kolte-Patil Developers shared the web-link for its FY25-26 Annual Report & 35th Annual General Meeting, scheduled virtually. This outreach ensures shareholders without registered emails can access crucial meeting details.
Kolte-Patil Developers received Show Cause Notices for an alleged GST liability of ₹103.82 Cr (including interest/penalties), related to TDR and redevelopment projects. An incremental penalty of ₹39.40 Cr raises the total penalty to ₹46.36 Cr. The company views the demand as erroneous and plans legal action, expecting no material financial...