17-Oct-2026 11:49:48

KALPATARU : WHOLLY OWNED SUBSIDIARY GETS RS 73.85 CR GST SHOW CAUSE NOTICE

• Kalpataru Properties Ltd, a wholly owned subsidiary, received show cause-cum demand notice dated October 15, 2026 from the GST Authority • GST amount of ₹73.85 Cr plus applicable interest and penalty sought under Section 74A of CGST Act, 2017 for FY2025-26 on certain construction services • KPL has been advised the notice is not sustainable and will reply appropriately • Company states the notice has no material financial impact on its operations • Notice received by KPL on October 16, 2026 at 3:00 p.m. Impact: Neutral (No material financial impact stated by company; subsidiary to contest the demand)

Kalpataru Limited

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