08-Jul-2026 23:20:01
KALPATARUGeneral news
KALPATARU LIMITED : ORDER PERMITTING WITHDRAWAL OF SCHEME OF ARRANGEMENT
• The company has received an order from the Hon'ble National Company Law Tribunal, Mumbai Bench Court III, Special Bench, permitting the withdrawal of the Scheme of Arrangement of Demerger. • The scheme involved the demerger of Project Magnus, situated at Bandra (East), Mumbai, from Kalpataru Properties Limited (a wholly owned subsidiary) into the Company. • This follows an earlier disclosure on June 2, 2026, where the Executive Committee had approved the withdrawal. • A copy of the order was received on July 8, 2026, at 12:20 p.m. • The information is disseminated on the company's website.
Kalpataru Limited
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