BSECompany Update6 Aug 2026 · 6 Aug 2026, 05:50 pm
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Kalpataru Projects International Ltd · 522287
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Kalpataru Projects International Ltd has received a notice from the State Tax Officer under the Goa Value Added Tax Act, 2005, demanding tax, interest, and penalty of INR 15.52 lakhs for alleged wrong availment of Entry Tax Input Credit of Capital Assets for the Assessment year 2016-17. The company plans to defend the matter and appeal against the notice.
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Kalpataru Projects International Ltd - 522287 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
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KPIL/26-27
06th August, 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, this is to inform that the Company has received a notice under the provisions
of the Goa Value Added Tax Act, 2005 and the rules made thereunder, from the Office of State Tax, on 04th August,
2026 at about 02:42 P.M. (IST). The Company has a strong case to defend the matter before the Authority since
the notice is issued without considering the documentary evidences submitted by the Company. Further, the
Company will prefer an appeal before Appellate Authority against the said notice within prescribed timelines.
The relevant details to be disclosed are as under:
SN Particulars Details
a. Name of the authority State Tax Officer
b. Nature and details of the action(s) taken, or The authority has demanded tax, interest and penalty
order(s) passed pertaining to erstwhile JMC Projects (India) Limited (since
amalgamated with the Company) for the Assessment year
2016-17 on alleged grounds of wrong availment of Entry
Tax Input Credit of Capital Assets.
The Authority under the said notice has demanded to pay
penalty of INR 15.52 lakhs.
c. Date of receipt of direction or order, 04th August, 2026
including any ad-interim or interim 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 penalty levied is covered under (b) above. The same
activities of the listed entity, quantifiable in does not have any significant impact on the Company.
monetary terms to the extent possible
The notice was received at the registered office of erstwhile JMC Projects (India) Limited (since amalgamated with
the Company) and there was no relevant person available. The said notice was subsequently received to
Company's registered office at Gandhinagar yesterday. Upon receipt and examination of the notice, the Company
is making this disclosure at the earliest possible opportunity.
Kindly take the same on your records and oblige.
Thanking you,
Yours faithfully,
For Kalpataru Projects International Limited
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