NSEAction(s) taken or orders passed3d ago · 24 Jul 2026, 03:27 pm
Action(s) taken or orders passed
Kalpataru Projects International Limited · KPIL
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Kalpataru Projects International Limited has informed the Exchange about the favorable order passed by the Appellate Authority in favor of the Company, setting aside the order of the GST Authority for F.Y. 2019-20, which had raised a demand of penalty of INR 15.17 lakhs, tax demand of INR 1.52 crore and interest of INR 0.70 lakh.
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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk2/10
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Liquidity Impact0/10
Market Sentiment6/10
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Kalpataru Projects International Limited has informed the Exchange about Action(s) taken or orders passed
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KALPATPOWR_24072026152732_SEIntimation_24072026.pdf
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KPIL/26-27
24th July, 2026
BSE Limited National Stock Exchange of India Ltd.
Corporate Relationship Department ‘Exchange Plaza’, C-1,
Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex
Dalal Street, Fort Bandra (E)
Mumbai - 400 001 Mumbai – 400 051
Scrip Code: 522287 Scrip Code: KPIL
Sub.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 and in reference to our earlier intimation dated 29th
August, 2024, submitted to the stock exchanges (copy attached), wherein the Company had, inter-alia,
informed about the order passed by the GST Authority for F.Y. 2019-20 raising a demand of penalty of
INR 15.17 lakhs, in addition to tax demand of INR 1.52 crore and interest of INR 0.70 lakh on account
of excess claim of input tax credit. The Company had filed an appeal before the Appellate Authority
against the said order. The Hon’ble Appellate Authority has passed an order in favor of the Company
by setting aside the order of the GST Authority for F.Y. 2019-20. The order of the Hon’ble Appellate
Authority was received by the Company on 23rd July, 2026 at about 04:19 P.M. (IST).
Kindly take the same on your records and oblige.
Thanking you,
Yours faithfully,
For Kalpataru Projects International Limited
Shweta Girotra
Company Secretary
Encl.: As above
Corporate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai - 400055. India | Tel: +91 22 3064 2100/+91 22 6885 1500
Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000
Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281
KPIL/24-25
29th August, 2024
BSE Limited National Stock Exchange of India Ltd.
Corporate Relationship Department ‘Exchange Plaza’, C-1,
Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex
Dalal Street, Fort Bandra (E)
Mumbai - 400 001 Mumbai – 400 051
Scrip Code: 522287 Scrip Code: KPIL
Sub.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Madam,
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, this is to inform that the Company, has received Order(s)
under the provisions of Sections 73 and 74 of the State Goods and Services Tax Act, 2017 read with
relevant provisions of the Central Goods and Services Tax Act, 2017 (“Act”) and the rules made
thereunder, from the different State Goods and Service Tax (GST) Department on 29th August, 2024.
The Company has a strong case to defend the matter(s) before the Authorities and plans to file an
appeal against the said Order(s) within prescribed timelines.
The relevant details to be disclosed are as under:
SN Particulars Details
a. Name of the authority Various State Goods and Service Tax (GST)
Department - GST Authority
b. Nature and details of the action(s) The authority under the said Order(s) has demanded
taken, initiated or order(s) passed tax, interest and penalty for the F.Y. 2019-20, F.Y.
2020-21 and F.Y. 2021-22 on various grounds such
as excess claim of Input Tax Credit (ITC), time barred
availment of ITC and availment of ITC on blocked
supplies.
The authority under Order(s) has demanded to pay
an aggregate tax amount of INR 2.97 Crores, Interest
of INR 0.16 Crores and penalty of INR 1.61 Crores.
c. Date of receipt of direction or order, On 29th August, 2024, at different times viz. 02:44
including any ad-interim or interim P.M. and 03:45 P.M.
orders, or any other communication
from the authority
d. Details of violation(s) / contravention(s) Covered under (b) above.
committed or alleged to be committed
e. Impact on financial, operation or other The tax, interest and penalty levied are covered
activities of the listed entity, under (b) above. The same does not have any
quantifiable in monetary terms to the significant impact on the Company.
extent possible
Kindly take the same on your records and oblige.
Thanking you,
Yours faithfully,
For Kalpataru Projects International Limited
SHWETA Digitally signed by
SHWETA GIROTRA
GIROTRA Date: 2024.08.29
18:47:48 +05'30'
Shweta Girotra
Company Secretary
Corporate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai - 400055. India | Tel: +91 22 3064 2100/+91 22 6885 1500
Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000
Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281