NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company4 Jul 2026 · 4 Jul 2026, 02:01 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Kalpataru Limited · KALPATARU
✦ AI SummaryLitigation
Kalpataru Limited has informed the Exchange about the outcome of litigation with respect to the wholly-owned subsidiary i.e. Abacus Real Estate Private Limited. The Commissioner of Income Tax (Appeal), Mumbai has dismissed the appeal filed by Abacus and has sustained the additions to the income made by the Income Tax officer. The net tax demand including interest amounts to Rs. 9.20 crore.
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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Kalpataru Limited has informed the Exchange about the outcome of litigation with respect to the wholly-owned subsidiary i.e. Abacus Real Estate Private Limited.
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IMREVATINAIR_04072026135116_Reg_30_-_Outcome_of_Litigation_Abacus_Real_Estate_Income_Tax_Order.pdf
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July4,2026
NationalStockExchangeofIndiaLimited BSELimited
ExchangePlaza,Plotno.C/1,GBlock, ListingOperationDepartment,
BandraKurlaComplex,Bandra(E), 20thFloor,P.J.Towers,DalalStreet,
Mumbai-400051 Mumbai–400001
NSECode:KALPATARU BSECode:544423
Subject:DisclosurewithregardtoOrderreceivedbyAbacusRealEstatePvtLtd,awhollyowned
subsidiaryoftheCompany,fromCommissionerofIncomeTax(Appeal),Mumbai
Reference: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements)Regulations,2015(“SEBIListingRegulations”)
DearSir/Madam,
PursuanttoSEBIListingRegulations,weinformyouthatAbacusRealEstatePvtLtd,awhollyowned
subsidiaryoftheCompany(“Abacus”)hasreceivedanOrder(“Order”)passedbytheCommissioner
ofIncomeTax(Appeal),Mumbai(“CIT(A)”).
AbacushadfiledanappealbeforetheCIT(A)againsttheassessmentorderpassedbytheIncome
TaxOfficerfortheAssessmentYear2013-14,makinganadditiontotheincomeresultingintotax
demand including interest of Rs.15.44 crore.Reference ofthe appeal filed by Abacus is made in
theprospectusdatedJune26,2025filedbytheCompany.
As aresultofthe aforesaidappealproceedings, we wishto informthat CIT (A) hasdismissedthe
appeal filed by Abacus and has sustained the additions to the income made by the Income Tax
officer. The net tax demand including interest amounts to Rs. 9.20 crore ( total tax demand
Rs.15.44crorelessamountpaidRs.6.24crore).
The said Order does not have any material financial impact on the operations of the Company.
AbacusshallcontestthesaidOrder/fileanappealaspertheapplicableprovisionsofIncomeTax
Act,andishopefulofafavorableoutcome.
TheCompanyhasreceivedinformationaboutthereceiptofOrderbyAbacusat3:45p.m.onJuly
3,2026.
Pleasetaketheinformationonrecord.Thisinformationisalsosimultaneouslydisseminatedonthe
websiteoftheCompanyat https://www.kalpataru.com/investor-corner.
ThankingYou,
Yoursfaithfully,
ForKalpataruLimited
GajendraMewara
CompanySecretary&ComplianceOfficer
KALPATARULIMITED
CINNo.:L45200MH1988PLC050144
91,KalpataruSynergy,OppositeGrandHyatt,Santacruz(E),Mumbai400055.India.
Tel+912230645000Fax+912230643131www.kalpataru.cominvestor.cs@kalpataru.com