NSEAction(s) taken or orders passed6 Aug 2026 · 6 Aug 2026, 05:55 pm

Action(s) taken or orders passed

Kalpataru Projects International Limited · KPIL

✦ AI SummaryRegulatory

Kalpataru Projects International Limited has received a notice under the Goa Value Added Tax Act, 2005, demanding tax, interest, and penalty for the Assessment year 2016-17 on alleged grounds of wrong availment of Entry Tax Input Credit of Capital Assets. The company has a strong case to defend the matter and will prefer an appeal against the notice.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Kalpataru Projects International Limited has informed the Exchange about Action(s) taken or orders passed

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KALPATPOWR_06082026175455_SEintimation06082026.pdf

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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