BSECompany Update10 Aug 2026 · 10 Aug 2026, 05:24 pm

Statement under Regulation 32 - Utilization of issue proceeds

Kolte-Patil Developers Ltd · 532924

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Kolte-Patil Developers Ltd submits a statement under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, indicating the utilization of issue proceeds from a preferential issue of equity shares. The company has extended the timeline for utilization of the issue proceeds by 12 months, till 22 December 2027, and obtained shareholder approval through a Special Resolution passed in the 35th Annual General Meeting held on 27 July 2026.

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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10

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Kolte-Patil Developers Ltd - 532924 - Statement Under Regulation 32 - Utilization Of Issue Proceeds

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To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited Listing BSE Limited, Department, ‘Exchange Plaza’, Bandra Kurla Corporate Relationship Department, Complex, 1st floor, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001 Date: 10 August 2026 Sub: Submission of Statement under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ISIN: Equity: INE094I01018 Ref: NSE Symbol and Series: KOLTEPATIL and EQ BSE Code and Scrip Code - Equity: 9624 and 532924 Dear Sir/Madam, Pursuant to Regulation 32 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 as amended from time to time, we submit herewith statement indicating the utilization of issue proceeds with regard to the issue of Equity Shares having face value of Rs. 10/- each as follows: Sr. No. Particulars Details 1 Name of the Issuer Kolte-Patil Developers Limited 2 ISIN INE094I01018 3 Mode of Fund Raising Preferential issue 4 Type of instrument Equity Shares 5 Date of raising funds 23 June 2025 6 Amount Raised Rs. 41,703 Lakhs 7 Report filed for Quarter ended 30 June 2026 8 Monitoring Agency Applicable 9 Monitoring Agency Name, if applicable CARE Ratings Limited 10 Is there a Deviation / Variation in use of funds No raised KOLTE-PATIL DEVELOPERS LTD. CIN : L45200PN1991PLC129428 Pune Regd. Office: 8th Floor, City Bay, CTS NO. 14 (P), 17 Boat Club Road, Pune - 411001, Maharashtra, India. Tel.: + 91 20 6742 9200 / 6742 9201 Bangalore Office: 121, The Estate Building, 10th floor, Dickenson Road, Bangalore 560042, India. Tel.: 080- 4662 4444 / 2224 3135/ 2224 2803 Web.: www.koltepatil.com Email id: info.kpdl@koltepatil.com 11 If yes, whether the same is pursuant to change in NA terms of a contract or objects, which was approved by the shareholders 12 If Yes, Date of shareholder Approval NA 13 Explanation for the Deviation / Variation NA 14 Comments of the Audit Committee after review NA 15 Comments of the auditors, if any NA 16 Objects for which funds have been raised and NA where there has been a deviation, in the following table Original Modified Original Modified Funds Amount of Remarks, object object, if allocation allocation, utilized Deviation/Variation if any any if any for the quarter according to applicable object Not applicable Note: The Company has extended timeline for utilization of the issue proceeds raised through the preferential issue of equity shares on a private placement basis by 12 (Twelve) months, i.e. till 22 December 2027 and the approval of shareholders of the Company has been obtained by way of Special Resolution passed in 35th Annual General Meeting held on 27 July 2026. We request you to take the above information on record and the same be treated as compliance under the applicable provision(s) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and record. Thanking you, For Kolte-Patil Developers Limited Vinod Patil Company Secretary and Compliance Officer Membership No. A13258 KOLTE-PATIL DEVELOPERS LTD. CIN : L45200PN1991PLC129428 Pune Regd. Office: 8th Floor, City Bay, CTS NO. 14 (P), 17 Boat Club Road, Pune - 411001, Maharashtra, India. Tel.: + 91 20 6742 9200 / 6742 9201 Bangalore Office: 121, The Estate Building, 10th floor, Dickenson Road, Bangalore 560042, India. Tel.: 080- 4662 4444 / 2224 3135/ 2224 2803 Web.: www.koltepatil.com Email id: info.kpdl@koltepatil.com