Share price at the NSE close on 23 Oct 2026. Previous close ₹431.40.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹4,064 Cr954th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 10 Aug 2026
- 32.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 22 May 2026
- 3.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 10 Aug 2026
- 12.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 10 Aug 2026
- 5.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 22 May 2026
- 0.95
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 8,91,42816.9% delivered
Kolte - Patil Developers board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonGirish Paman Vanvari
- Managing directorRajesh Aniruddha Patil
- Company Secretary and Compliance OfficerMr. Vinod Patil
6 directors2 independent1 executive3 non-executive
- Girish Paman Vanvari · ChairpersonIndependent · joined Jul 2021 · reappointed Sep 2021 · 58 months as independent · 7 listed boards · 6 as independent · 9 committee seats, 4 as chair
- Rajesh Aniruddha Patil · Managing directorExecutive · joined Apr 1995 · reappointed Apr 2025 · 1 listed board · 1 committee seat
- Avani Vishal DavdaIndependent · joined Nov 2025 · reappointed Dec 2025 · 7 months as independent · 5 listed boards · 5 as independent · 10 committee seats, 2 as chair
- Dalip Charanjit SehgalNon-executive · joined Nov 2025 · reappointed Dec 2025 · 7 months as independent · 1 listed board
- Asheesh Navratan MohtaNon-executive · joined Aug 2025 · reappointed Sep 2025 · 10 months as independent · 2 listed boards · 1 committee seat
- Mohit Ramesh AroraNon-executive · joined Aug 2025 · reappointed Sep 2025 · 10 months as independent · 1 listed board · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
10 directors who left
- Tuhin Arvind Parikh, left 25 Nov 2025: Others
- Sudha Pravin Navandar, left 11 Nov 2025: Others
- Dhananjay Ramkrishna Barve, left 11 Aug 2025: Others
- Umesh Madhukar Joshi, left 11 Aug 2025: Others
- Achyut Narayan Watwe, left 11 Aug 2025: Others
- Milind Digambar Kolte, left 11 Aug 2025: Others
- Yashvardhan Rajesh Patil, left 11 Aug 2025: Others
- Nirmal Milind Kolte, left 11 Aug 2025: Others
- Naresh Anirudha Patil, left 11 May 2025: Others
- Vandana Naresh Patil, left 11 Nov 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 May 20266 of 6 present2 independent · 105 days in between
- 5 Feb 20265 of 6 present2 independent
Audit Committee
Chair Avani Vishal Davda
Girish Paman Vanvari, Mohit Ramesh Arora
- 26 Jun 20263 of 3 present2 independent · 34 days in between
- 22 May 20263 of 3 present2 independent · no day in between
- 21 May 20263 of 3 present2 independent · 104 days in between
- 5 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Avani Vishal Davda
Girish Paman Vanvari, Asheesh Mohta
- 22 May 20263 of 3 present2 independent
- 5 Feb 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair Mohit Ramesh Arora
Rajesh Aniruddha Patil, Girish Paman Vanvari
- 22 May 20263 of 3 present1 independent
- 5 Feb 20263 of 3 present1 independent
Risk Management Committee
Chair Rajesh Aniruddha Patil
Girish Paman Vanvari, Asheesh Mohta
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Girish Paman Vanvari
Avani Vishal Davda, Mohit Ramesh Arora
- 22 May 20263 of 3 present2 independent
- 5 Feb 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S R B C & CO LLPPeer-review certificate valid to Feb 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Kolte - Patil Developers AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Kolte - Patil Developers dividend history
Annual general meeting, 27 Jul 2026
41,127 shareholders on the register on 20 Jul 2026; present: 10 promoters and 26 others; votes counted by Nitin Prabhune / NA.The company's voting result (opens in a new tab)
To receive, consider, approve and adopt: (a) the Audited Standalone Financial Statement of the Company for the financial year ended 31 March 2026 and the Report of the Board of Directors and Auditors thereon and (b) the Audited Consolidated Financial Statement of the Company for the financial year ended 31 March 2026 and the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 80.52% · promoters 100.00% · institutions 47.72% · other public 0.53%
- To appoint a Director in place of Mr. Asheesh Mohta (DIN: 00358583) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary96.49% for3.51% against
Against: promoters 0.00% · institutions 42.47% · other public 0.42%
Turnout: all 80.54% · promoters 100.00% · institutions 47.82% · other public 0.53%
- To consider and approve re-appointment of Mr. Girish Vanvari (DIN: 07376482) as Independent Director (Non-Executive) for a period of Five yearsSpecial99.49% for0.51% against
Against: promoters 0.00% · institutions 6.14% · other public 0.47%
Turnout: all 80.54% · promoters 100.00% · institutions 47.82% · other public 0.53%
- To consider and approve the extension of the utilization period of proceeds raised through the preferential issue of sharesSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 80.54% · promoters 100.00% · institutions 47.82% · other public 0.53%
- To consider and approve the appointment and remuneration of M/s Harshad S. Deshpande, Cost Auditor of the Company for the financial year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.42%
Turnout: all 80.54% · promoters 100.00% · institutions 47.82% · other public 0.53%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 Dec 2025, 3 resolutions
44,832 shareholders on the register on 21 Nov 2025; votes counted by Nitin Prabhune / NA.The company's voting result (opens in a new tab)
To consider and if thought fit, to pass with or without modifications as Special Resolution for the appointment of Ms. Avani Vishal Davda as an Independent Director of the Company for a period of five years with effect from 11 November 2025MoreLess
Special96.31% for3.69% againstAgainst: promoters 0.00% · institutions 43.06% · other public 5.13%
Turnout: all 80.76% · promoters 100.00% · institutions 54.92% · other public 0.13%
To consider and if thought fit, to pass with or without modifications as Ordinary Resolution for the appointment of Mr. Dalip Charanjit Sehgal as a Non-Executive and Non-Independent Director of the Company (not liable to retire by rotation)MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 5.13%
Turnout: all 80.76% · promoters 100.00% · institutions 54.92% · other public 0.13%
To consider and if thought fit, to pass with or without modifications as Special Resolution for the approval of remuneration payable to Non-Executive Independent Directors by way of Commission from FY 2025-26 and thereafterMoreLess
Special96.34% for3.66% againstAgainst: promoters 0.00% · institutions 42.67% · other public 8.16%
Turnout: all 80.76% · promoters 100.00% · institutions 54.92% · other public 0.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Sep 2025, 9 resolutions
46,510 shareholders on the register on 12 Sep 2025; present: 7 promoters and 28 others; votes counted by Nitin Prabhune / NA.The company's voting result (opens in a new tab)
To receive, consider, approve and adopt: (a) the Audited Standalone Financial Statement of the Company for the financial year ended 31 March 2025 and the Report of the Board of Directors and Auditors thereon and (b) the Audited Consolidated Financial Statement of the Company for the financial year ended 31 March 2025 and the Report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 68.33% · promoters 80.64% · institutions 71.57% · other public 0.52%
- To appoint Mr. Tuhin Parikh (DIN: 00544890) as a Director (Non-Executive and Non-Independent, not liable to retire by rotation) of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.67%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
- To appoint Mr. Asheesh Mohta (DIN:00358583) as a Director (Non-Executive and Non-Independent, liable to retire by rotation) of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.67%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
- To appoint Mr. Mohit Arora (DIN: 08100136) as a Director (Non-Executive and Non-Independent, liable to retire by rotation) of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.67%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
Approval to offer, issue and allot equity shares (Equity Shares') and/or listed/unlisted secured/unsecured redeemable Non-Convertible Debentures (NCDs') and/or Fully or Partly Convertible Debentures, non convertible redeemable preference shares, and/or other debt securities, and/ Bonds (including foreign currency bonds) (collectively 'Debt Instruments') and /or Global Depository Receipts (GDRs) and /or American Depository Receipts (ADRs') collectively 'Securities' in the course of domestic and/or international offerings representing either equity shares or a combination of the foregoing for an amount not exceeding Rs. 2500,00,00,000/- (Rupees Two Thousand Five Hundred Crores only).MoreLess
Special99.25% for0.75% againstAgainst: promoters 0.00% · institutions 5.85% · other public 0.05%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
Authority to the Board of Directors to borrow money not exceeding the sum of Rs. 3000,00,00,000/- (Rupees Three Thousand Crore only) over and above the aggregate of the paid up capital of the company and its free reserves.MoreLess
Special94.78% for5.22% againstAgainst: promoters 0.00% · institutions 40.78% · other public 0.51%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
Authority to the Board of Directors to create charge/provide security for borrowing not exceeding the sum Rs. 3000,00,00,000/- (Rupees Three Thousand Crore only) over and above the aggregate of the paid up capital of the company and its free reserves.MoreLess
Special99.25% for0.75% againstAgainst: promoters 0.00% · institutions 5.85% · other public 0.81%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
Appointment of M/s Mehta & Mehta, Practicing Company Secretaries (ICSI Unique Identification No. P1996MH007500) as Secretarial Auditors of the Company for a period of five consecutive years commencing from FY 2025-26 till FY 2029-30MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.32%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
Ratification and Confirmation of the remuneration payable for the financial year 2024-25 to M/s Harshad S. Deshpande, Cost Accountants, (Membership No: 25054) Cost Auditors of the Company and to appoint M/s. Harshad S. Deshpande, Cost Accountants as Cost Auditor of the Company for the financial year 2025-26.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.68%
Turnout: all 68.34% · promoters 80.64% · institutions 71.68% · other public 0.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 10 Apr 2025, 2 resolutions
55,331 shareholders on the register on 4 Apr 2025; present: 9 promoters and 26 others; votes counted by Sridhar Mudaliar / SVD & Associates.The company's voting result (opens in a new tab)
To approve the issuance by way of a preferential allotment on a private placement basis (“preferential issue”) of 1,26,75,685 (One Crore Twenty-Six Lakhs Seventy-Five Thousand Six Hundred Eighty-Five) equity shares of the Company to BREP ASIA III India Holding Co VII Pte. Ltd. and other matters in relation theretoMoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 3.39%
Turnout: all 78.28% · promoters 100.00% · institutions 89.41% · other public 0.65%
- To approve the alteration of Articles of Association of the Company and special rights granted to shareholders pursuant to Regulation 31B of SEBI LODR RegulationsSpecial94.15% for5.85% against
Against: promoters 0.00% · institutions 52.58% · other public 3.41%
Turnout: all 78.28% · promoters 100.00% · institutions 89.41% · other public 0.65%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 23 Nov 2024, 2 resolutions
The company's voting result (opens in a new tab)
To consider and to approve the Scheme of Amalgamation involving amalgamation of Kolte-Patil Integrated Townships Limited (`KPITL` or `Transferor Company`) with Kolte-Patil Developers Limited (`KPDL` or `Transferee Company`) as prescribed under Section 233 of the Companies Act, 2013 (including any statutory modification(s) or re-enactment thereof for the time being in force) and SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated 20 June 2023, as amendedMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.30%
Turnout: all 75.35% · promoters 100.00% · institutions 69.86% · other public 0.19%
- To consider and approve the place of keeping register of members and debenture holders at the place other than the Registered office of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.79%
Turnout: all 75.35% · promoters 100.00% · institutions 69.86% · other public 0.19%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 17 Aug 2024, 10 resolutions
Present: 9 promoters and 36 others.The company's voting result (opens in a new tab)
To receive, consider, approve and adopt: na) the Audited Standalone Financial Statement of the Company for the financial year ended 31 March, 2024 and the Report of the Board of Directors’ and Auditors’ thereon and nb) the Audited Consolidated Financial Statement of the Company for the financial year ended 31 March, 2024 and the Report of Auditors’ thereon.nMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.57%
Turnout: all 73.95% · promoters 100.00% · institutions 51.73% · other public 0.78%
- To declare a Final Dividend of Rs. 4/- (Rupees Four Only) per share on Equity Shares of Rs.10/- each for the financial year 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 74.69% · promoters 100.00% · institutions 60.59% · other public 0.78%
- To appoint a Director in place of Mrs. Vandana Patil (DIN: 00588888) who retires by rotation and being eligible, offers herself for re-appointmentOrdinary96.18% for3.82% against
Against: promoters 0.00% · institutions 41.27% · other public 0.74%
Turnout: all 46.91% · promoters 61.05% · institutions 51.92% · other public 0.78%
- To appoint a Director in place of Mr. Nirmal Kolte (DIN: 05159986) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary97.03% for2.97% against
Against: promoters 0.00% · institutions 35.10% · other public 0.74%
Turnout: all 59.92% · promoters 78.74% · institutions 60.59% · other public 0.78%
- To consider and approve re-appointment and remuneration payable to Mr. Rajesh Patil (DIN: 00381866) as Chairman and Managing Director for a period of 5 years w.e.f 15 April 2025Special94.04% for5.96% against
Against: promoters 0.00% · institutions 34.82% · other public 0.68%
Turnout: all 25.40% · promoters 30.07% · institutions 51.92% · other public 0.78%
- To consider and approve re-appointment and remuneration payable to Mr. Naresh Patil (DIN: 00881077) as Whole Time Director designated as Vice Chairman for a period of 5 years w.e.f 15 April 2025Special85.32% for14.68% against
Against: promoters 0.00% · institutions 73.49% · other public 0.68%
Turnout: all 21.75% · promoters 24.81% · institutions 51.92% · other public 0.78%
- To consider and approve re-appointment and remuneration payable to Mr. Milind Kolte (DIN: 00170760) as Whole Time Director designated as Executive Director for a period of 5 years w.e.f 15 April 2025Special94.86% for5.14% against
Against: promoters 0.00% · institutions 70.04% · other public 0.73%
Turnout: all 59.20% · promoters 78.74% · institutions 51.92% · other public 0.78%
To consider and approve appointment of Mr. Dhananjay Barve (DIN: 00066375) as an Independent Director for a period of 5 years w.e.f 24 May 2024 and to continue as Independent Director after attaining the age of 75 years during his existing tenureMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.89%
Turnout: all 74.69% · promoters 100.00% · institutions 60.59% · other public 0.78%
Approval to offer, issue and allot equity shares (`Equity Shares`) and/or listed/unlisted secured/unsecured redeemable Non-Convertible Debentures (`NCDs`) and/or Fully or Partly Convertible Debentures , nonconvertible redeemable preference shares, and/or other debt securities, and/ Bonds (including foreign currency bonds) (collectively `Debt Instruments`) and /or Global Depository Receipts (`GDRs`) and /or American Depository Receipts (`ADRs`) collectively `Securities` in the course of domestic and/or international offerings representing either equity shares or a combination of the foregoing for an amount not exceeding Rs. 1000,00,00,000/- (Rupees One Thousand Crores only)MoreLess
Special94.62% for5.38% againstAgainst: promoters 0.00% · institutions 78.52% · other public 23.49%
Turnout: all 74.69% · promoters 100.00% · institutions 60.59% · other public 0.78%
- To ratify the appointment and remuneration of M/s Harshad S. Deshpande, Cost Auditor of the Company for the financial year 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.68%
Turnout: all 74.69% · promoters 100.00% · institutions 60.59% · other public 0.78%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Nov 2023, 1 resolution
The company's voting result (opens in a new tab)
Approval of the Scheme of Amalgamation involving amalgamation of PNP Agrotech Private Limited (“PAPL” or “Transferor Company 1”) and Tuscan Real Estate Private Limited (“TREPL” or “Transferor Company 2”) with Kolte-Patil Developers Limited (“KPDL” or “Transferee Company”) as prescribed under Section 233 of the Companies Act, 2013 (including any statutory modification(s) or re-enactment thereof for the time being in force) and SEBI Master Circular No. SEBI/HO/CFD/DIL1/CIR/P/2021/0000000665 dated 23 November 2021, as amended.MoreLess
Special99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 4.31%
Turnout: all 78.35% · promoters 100.00% · institutions 53.55% · other public 0.89%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 19 Aug 2023, 11 resolutions
Present: 9 promoters and 36 others.The company's voting result (opens in a new tab)
(i) Adoption of the Audited Standalone Financial Statement of the Company for the financial year ended 31st March 2023 and the Report of the Board of Directors’ and Auditors’ thereon.n(ii) Adoption of Audited Consolidated Financial Statement of the Company for the financial year ended 31st March 2023 and the Report of Auditors’ thereonnMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 76.84% · promoters 100.00% · institutions 39.83% · other public 1.54%
- Declaration of Final Dividend of Rs. 4 (Rupees Four) per share on EquitynShare of Rs. 10/- each for the financial year 2022-23Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
- Re-appointment of Mr. Milind Kolte (DIN 00170760), Director who retiresnby rotation and being eligible, offers himself for re-appointment.Ordinary99.13% for0.87% against
Against: promoters 0.00% · institutions 31.54% · other public 0.10%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
- Re-appointment of Mr. Yashvardhan Patil (DIN 06898270), Director who retires by rotation and being eligible, offers himself for re-appointment.Ordinary97.33% for2.67% against
Against: promoters 0.00% · institutions 96.55% · other public 0.10%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
Appointment of M/s. S R B C & CO LLP (LLP Registration No. AAB-4318, FRN – 324982E/E300003), as the Statutory Auditors of the Company to hold office from the conclusion of this 32nd Annual General Meeting until the conclusion of 37th Annual General Meeting of the Company to be held in the year 2028MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
Approval to the variation in terms of appointment and remuneration payable to Mr. Rajesh Patil (DIN - 00381866) and appointment as the Managing Director of the step-down subsidiary of the Company in the Dubai namely, Kolte-Patil Infratech DMCC with effect from 26 April 2023.MoreLess
Special99.09% for0.91% againstAgainst: promoters 0.00% · institutions 32.34% · other public 3.19%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
Authority to the Board of Directors to borrow money not exceeding the sum of Rs. 1500,00,00,000/- (Rupees One Thousand Five Hundred Crores only) over and above the aggregate of the paid up capital of the company and its free reservesMoreLess
Special99.12% for0.88% againstAgainst: promoters 0.00% · institutions 31.71% · other public 0.47%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
Authority to the Board of Directors to create charge/provide security for borrowing not exceeding the sum of Rs. 1500,00,00,000/- (Rupees One Thousand Five Hundred Crores only) Rs. 1500 Crores over and above the aggregate of the paid up capital of the company and its free reserves.MoreLess
Special99.12% for0.88% againstAgainst: promoters 0.00% · institutions 31.71% · other public 0.61%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
Offer, issue and allot equity shares (“Equity Shares”) and/or listed/unlisted secured/unsecured redeemable Non-Convertible Debentures (“NCDs”) or Debt instruments and/or Fully or Partly Convertible Debentures and/or Bonds (“Debt instruments”) and /or Global Depository Receipts (“GDRs”) and /or American Depository Receipts (“ADRs”) and / or Foreign Currency Convertible Bonds (“FCCBs”) and /or securities convertible or exchangeable into equity including but not limited to Convertible Debentures or Convertible Preference Shares (compulsorily and/or optionally, fully and/or partly) and/or a combination thereof (“Securities”) in the course of domestic and/or international offerings representing either equity shares or a combination of the foregoing for an amount not exceeding Rs. 800,00,00,000/- (Rupees Eight Hundred Crores only)MoreLess
Special99.12% for0.88% againstAgainst: promoters 0.00% · institutions 31.71% · other public 0.47%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
Approval to the related party transaction up to Rs. 800,00,00,000/- (Rupees Eight Hundred Crores only) per financial year, for availing/providing various services including sale/purchase of material with Kolte-Patil Integrated Townships Limited, a subsidiary and joint venture company.nMoreLess
OrdinaryPromoters have an interest in it62.62% for37.38% againstAgainst: promoters 0.00% · institutions 40.96% · other public 3.94%
Turnout: all 2.36% · promoters 0.00% · institutions 40.80% · other public 1.12%
Ratification and confirmation of the remuneration payable for the financial year 2022-23 to M/s. Harshad S. Deshpande, Cost Accountants to conduct the audit of the cost records of the Company for the financial year 2022-23.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 76.89% · promoters 100.00% · institutions 40.80% · other public 1.54%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 28 Dec 2025, 3 fund houses
To consider and if thought fit, to pass with or without modifications as Special Resolution for the appointment of Ms. Avani Vishal Davda as an Independent Director of the Company for a period of five years with effect from 11 November 2025MoreLess
Against Bandhan Mutual Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual FundMs. Avani Davda, 46, is a Strategic Advisor at Bain Advisory Network and has diverse experience in operating and leadership roles across consumer, retail and hospitality industries. She has served as MD and CEO of Godrej Nature's Basket Limited, CEO of Tata Starbucks Limited and Vice President of Tata Global Beverages Limited. Her appointment as an Independent Director meets all statutory requirements, however, we are unable to support the proposed resolution. Based on the SEBI LODR regulations, a special resolution should have been presented to shareholders for her appointment as an Independent Director.
- HDFC Mutual FundMs. Avani Davda, 46, is a Strategic Advisor at Bain Advisory Network and has diverse experience in operating and leadership roles across consumer, retail and hospitality industries. She has served as MD and CEO of Godrej Nature's Basket Limited, CEO of Tata Starbucks Limited and Vice President of Tata Global Beverages Limited. While we have no concerns on her profile, we believe the company is not meeting the regulatory requirements and should have sought a special resolution instead of ordinary resolution. We do not support the resolution.
- Motilal Oswal Mutual FundNo concern identified on the merit of the proposed appointee. Governance Concern: Holding a combined position as AC and NRC Chairman.
0 for3 againstTo consider and if thought fit, to pass with or without modifications as Ordinary Resolution for the appointment of Mr. Dalip Charanjit Sehgal as a Non-Executive and Non-Independent Director of the Company (not liable to retire by rotation)MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. No issue on merit & profile of appointee. Governance Concern: Appointment as non-retiring Director leading to non-compliant Board composition u/s 152 of the Companies Act, 2013.
2 for1 againstTo consider and if thought fit, to pass with or without modifications as Special Resolution for the approval of remuneration payable to Non-Executive Independent Directors by way of Commission from FY 2025-26 and thereafterMoreLess
Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual FundThe company proposes to pay a commission of upto 1% to its independent directors from FY26 onwards. In event of inadequate or no profits, the company proposes to pay commission as per regulatory limits, within the overall limit of Rs. 30.0 mn. Although the proposed commission to independent directors is in line with market practice, the company has not defined a term for the validity of the resolution and thus, it is effectively valid in perpetuity. We believe shareholders must be able to periodically review such resolutions and, therefore, do not support the resolution. Furthermore, as companies grow, we expect them to cap commission payable in absolute terms.
- Motilal Oswal Mutual FundCompliant with Law. Governance concern: No Specific Period for approval, no absolute Cap on commission in Profit. Proposed high commission when there are no profits or profits are inadequate.
1 for2 against
Mutual fund votes, meeting of 22 Sep 2025, 3 fund houses
To receive, consider, approve and adopt: (a) the Audited Standalone Financial Statement of the Company for the financial year ended 31 March 2025 and the Report of the Board of Directors and Auditors thereon and (b) the Audited Consolidated Financial Statement of the Company for the financial year ended 31 March 2025 and the Report of Auditors thereonMoreLess
3 for0 against- To appoint Mr. Tuhin Parikh (DIN: 00544890) as a Director (Non-Executive and Non-Independent, not liable to retire by rotation) of the Company
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. No issue on merit & profile of appointee. Governance Concern: Appointment as non-retiring Director leading to non-compliant Board composition u/s 152 of the Companies Act, 2013.
2 for1 against - To appoint Mr. Asheesh Mohta (DIN:00358583) as a Director (Non-Executive and Non-Independent, liable to retire by rotation) of the Company.3 for0 against
- To appoint Mr. Mohit Arora (DIN: 08100136) as a Director (Non-Executive and Non-Independent, liable to retire by rotation) of the Company.3 for0 against
Approval to offer, issue and allot equity shares (Equity Shares') and/or listed/unlisted secured/unsecured redeemable Non-Convertible Debentures (NCDs') and/or Fully or Partly Convertible Debentures, non convertible redeemable preference shares, and/or other debt securities, and/ Bonds (including foreign currency bonds) (collectively 'Debt Instruments') and /or Global Depository Receipts (GDRs) and /or American Depository Receipts (ADRs') collectively 'Securities' in the course of domestic and/or international offerings representing either equity shares or a combination of the foregoing for an amount not exceeding Rs. 2500,00,00,000/- (Rupees Two Thousand Five Hundred Crores only).MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with Law. Transparency and Governance Concern: Proposed fund raising may cause significant dilution. The Company has not provided specific and adequate justification for need of proposed fund raising.
2 for1 againstAuthority to the Board of Directors to borrow money not exceeding the sum of Rs. 3000,00,00,000/- (Rupees Three Thousand Crore only) over and above the aggregate of the paid up capital of the company and its free reserves.MoreLess
3 for0 againstAuthority to the Board of Directors to create charge/provide security for borrowing not exceeding the sum Rs. 3000,00,00,000/- (Rupees Three Thousand Crore only) over and above the aggregate of the paid up capital of the company and its free reserves.MoreLess
3 for0 againstAppointment of M/s Mehta & Mehta, Practicing Company Secretaries (ICSI Unique Identification No. P1996MH007500) as Secretarial Auditors of the Company for a period of five consecutive years commencing from FY 2025-26 till FY 2029-30MoreLess
3 for0 againstRatification and Confirmation of the remuneration payable for the financial year 2024-25 to M/s Harshad S. Deshpande, Cost Accountants, (Membership No: 25054) Cost Auditors of the Company and to appoint M/s. Harshad S. Deshpande, Cost Accountants as Cost Auditor of the Company for the financial year 2025-26.MoreLess
3 for0 against
5 earlier meetings
Mutual fund votes, meeting of 10 Apr 2025, 3 fund houses
To approve the issuance by way of a preferential allotment on a private placement basis (“preferential issue”) of 1,26,75,685 (One Crore Twenty-Six Lakhs Seventy-Five Thousand Six Hundred Eighty-Five) equity shares of the Company to BREP ASIA III India Holding Co VII Pte. Ltd. and other matters in relation theretoMoreLess
3 for0 against- To approve the alteration of Articles of Association of the Company and special rights granted to shareholders pursuant to Regulation 31B of SEBI LODR Regulations
Against Bandhan Mutual Fund, HDFC Mutual Fund
- Bandhan Mutual FundCompliant with law. Governance Concern: Nomination Rights provided to the Acquirer Promoters as well as Existing Promoters which may limit the role of NRC, Provision to appoint Alternate Directors included in the proposed AoA, Provision to combine the position of Chairperson & ED / MD. Transparency Concern: No clarity if Veto powers to Acquirer Company will be between the Promoters or it shall extend to the Board level.
- HDFC Mutual FundThe proposed articles include veto rights to Blackstone – which we do not support. We do not support this resolution.
1 for2 against
Mutual fund votes, meeting of 23 Nov 2024, 5 fund houses
To consider and to approve the Scheme of Amalgamation involving amalgamation of Kolte-Patil Integrated Townships Limited (`KPITL` or `Transferor Company`) with Kolte-Patil Developers Limited (`KPDL` or `Transferee Company`) as prescribed under Section 233 of the Companies Act, 2013 (including any statutory modification(s) or re-enactment thereof for the time being in force) and SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93 dated 20 June 2023, as amendedMoreLess
5 for0 against- To consider and approve the place of keeping register of members and debenture holders at the place other than the Registered office of the Company4 for0 against
Mutual fund votes, meeting of 17 Aug 2024, 5 fund houses
To receive, consider, approve and adopt: na) the Audited Standalone Financial Statement of the Company for the financial year ended 31 March, 2024 and the Report of the Board of Directors’ and Auditors’ thereon and nb) the Audited Consolidated Financial Statement of the Company for the financial year ended 31 March, 2024 and the Report of Auditors’ thereon.nMoreLess
5 for0 against- To declare a Final Dividend of Rs. 4/- (Rupees Four Only) per share on Equity Shares of Rs.10/- each for the financial year 2023-245 for0 against
- To appoint a Director in place of Mrs. Vandana Patil (DIN: 00588888) who retires by rotation and being eligible, offers herself for re-appointment5 for0 against
- To appoint a Director in place of Mr. Nirmal Kolte (DIN: 05159986) who retires by rotation and being eligible, offers himself for re-appointment5 for0 against
- To consider and approve re-appointment and remuneration payable to Mr. Rajesh Patil (DIN: 00381866) as Chairman and Managing Director for a period of 5 years w.e.f 15 April 2025
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. Governance concern: Combined position of Chairman and Executive Director. Exact same pay to Promoter directors & no absolute cap on variable pay or total remuneration.
- Motilal Oswal Mutual FundCompliant with law. No governance concern has been identified.
2 for3 against - To consider and approve re-appointment and remuneration payable to Mr. Naresh Patil (DIN: 00881077) as Whole Time Director designated as Vice Chairman for a period of 5 years w.e.f 15 April 2025
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. Governance concern: Exact same pay to Promoter directors & no absolute cap on variable pay or total remuneration. Low attendance.
- Motilal Oswal Mutual Fund"Compliant with law. Governance concern: Exact same pay to Promoter directors & no absolute cap on variable pay or total remuneration. Low attendance. "
2 for3 against - To consider and approve re-appointment and remuneration payable to Mr. Milind Kolte (DIN: 00170760) as Whole Time Director designated as Executive Director for a period of 5 years w.e.f 15 April 2025
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual FundCompliant with law. Governance concern: Exact same pay to Promoter directors & no absolute cap on variable pay or total remuneration.
- Motilal Oswal Mutual Fund"Compliant with law. Governance concern: Exact same pay to Promoter directors & no absolute cap on variable pay or total remuneration. "
2 for3 against To consider and approve appointment of Mr. Dhananjay Barve (DIN: 00066375) as an Independent Director for a period of 5 years w.e.f 24 May 2024 and to continue as Independent Director after attaining the age of 75 years during his existing tenureMoreLess
5 for0 againstApproval to offer, issue and allot equity shares (`Equity Shares`) and/or listed/unlisted secured/unsecured redeemable Non-Convertible Debentures (`NCDs`) and/or Fully or Partly Convertible Debentures , nonconvertible redeemable preference shares, and/or other debt securities, and/ Bonds (including foreign currency bonds) (collectively `Debt Instruments`) and /or Global Depository Receipts (`GDRs`) and /or American Depository Receipts (`ADRs`) collectively `Securities` in the course of domestic and/or international offerings representing either equity shares or a combination of the foregoing for an amount not exceeding Rs. 1000,00,00,000/- (Rupees One Thousand Crores only)MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance concern: Significant Dilution; No specific justification.
2 for3 against- To ratify the appointment and remuneration of M/s Harshad S. Deshpande, Cost Auditor of the Company for the financial year 2023-245 for0 against
Mutual fund votes, meeting of 27 Nov 2023, 4 fund houses
Approval of the Scheme of Amalgamation involving amalgamation of PNP Agrotech Private Limited (“PAPL” or “Transferor Company 1”) and Tuscan Real Estate Private Limited (“TREPL” or “Transferor Company 2”) with Kolte-Patil Developers Limited (“KPDL” or “Transferee Company”) as prescribed under Section 233 of the Companies Act, 2013 (including any statutory modification(s) or re-enactment thereof for the time being in force) and SEBI Master Circular No. SEBI/HO/CFD/DIL1/CIR/P/2021/0000000665 dated 23 November 2021, as amended.MoreLess
4 for0 against
Mutual fund votes, meeting of 19 Aug 2023, 3 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
(i) Adoption of the Audited Standalone Financial Statement of the Company for the financial year ended 31st March 2023 and the Report of the Board of Directors’ and Auditors’ thereon.n(ii) Adoption of Audited Consolidated Financial Statement of the Company for the financial year ended 31st March 2023 and the Report of Auditors’ thereonnMoreLess
3 for0 against- Declaration of Final Dividend of Rs. 4 (Rupees Four) per share on EquitynShare of Rs. 10/- each for the financial year 2022-233 for0 against
- Re-appointment of Mr. Milind Kolte (DIN 00170760), Director who retiresnby rotation and being eligible, offers himself for re-appointment.3 for0 against
- Re-appointment of Mr. Yashvardhan Patil (DIN 06898270), Director who retires by rotation and being eligible, offers himself for re-appointment.
Against Bandhan Mutual Fund, Mahindra Manulife Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual FundRe-appointment compliant with law. Governance concern: Excessive remuneration.
- Mahindra Manulife Mutual FundWhile we favour succession planning in promoter firms, the board has excessive number of promoter family members (five executive directors and one non-executive director). Such high representation of promoter members (100%) in executive positions may be detrimental to minority shareholder interests in the absence of professional representation in an executive capacity. We further flag concerns over high promoter family remuneration.
- Motilal Oswal Mutual FundSkewed & Excessive remuneration.
0 for3 against Appointment of M/s. S R B C & CO LLP (LLP Registration No. AAB-4318, FRN – 324982E/E300003), as the Statutory Auditors of the Company to hold office from the conclusion of this 32nd Annual General Meeting until the conclusion of 37th Annual General Meeting of the Company to be held in the year 2028MoreLess
3 for0 againstApproval to the variation in terms of appointment and remuneration payable to Mr. Rajesh Patil (DIN - 00381866) and appointment as the Managing Director of the step-down subsidiary of the Company in the Dubai namely, Kolte-Patil Infratech DMCC with effect from 26 April 2023.MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCombined Position of CMD; No absolute cap & Board discretion
2 for1 againstAuthority to the Board of Directors to borrow money not exceeding the sum of Rs. 1500,00,00,000/- (Rupees One Thousand Five Hundred Crores only) over and above the aggregate of the paid up capital of the company and its free reservesMoreLess
3 for0 againstOffer, issue and allot equity shares (“Equity Shares”) and/or listed/unlisted secured/unsecured redeemable Non-Convertible Debentures (“NCDs”) or Debt instruments and/or Fully or Partly Convertible Debentures and/or Bonds (“Debt instruments”) and /or Global Depository Receipts (“GDRs”) and /or American Depository Receipts (“ADRs”) and / or Foreign Currency Convertible Bonds (“FCCBs”) and /or securities convertible or exchangeable into equity including but not limited to Convertible Debentures or Convertible Preference Shares (compulsorily and/or optionally, fully and/or partly) and/or a combination thereof (“Securities”) in the course of domestic and/or international offerings representing either equity shares or a combination of the foregoing for an amount not exceeding Rs. 800,00,00,000/- (Rupees Eight Hundred Crores only)MoreLess
3 for0 againstApproval to the related party transaction up to Rs. 800,00,00,000/- (Rupees Eight Hundred Crores only) per financial year, for availing/providing various services including sale/purchase of material with Kolte-Patil Integrated Townships Limited, a subsidiary and joint venture company.nMoreLess
Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual FundNon-Compliant with SEBI LODR Regulations: Omnibus approval sought for more than 1 year.
- Motilal Oswal Mutual FundOmnibus approval sought for >1 year
1 for2 againstRatification and confirmation of the remuneration payable for the financial year 2022-23 to M/s. Harshad S. Deshpande, Cost Accountants to conduct the audit of the cost records of the Company for the financial year 2022-23.MoreLess
3 for0 against
1 proposal not matched to one resolution
To mortgage and/or charge and/or assignment, in addition to mortgages and/or Charges and/or assignments created/ to be created by the Company, in such form and manner and with such ranking as to priority and at such time and on such term as the Board may determine, on all or any of the movable and/or immovable, Tangible and/or intangible properties and/or Contracts both present and future and/or the whole or any part of undertaking(s) of the Company together with a power to take over the management of the business and concern of the Company in certain events of default, in favour of lender(s), agent(s), trustee(s) for securing the borrowings availed/to be availed by the Company and/or any of the Company's subsidiary by way of loan(s) (in foreign currency and/or rupee currency) and/or advances including Credit facilities and/or securities(comprising fully/partly convertible Debentures and/or Non-Convertible debentures with or without detachable or non- detachable warrants and/or secured premium notes and/or Floating Rate Notes/Bonds or other debt instruments), issued or to be issued by the Company from time to time subject to the limits of Rs 15,000,000,000/-MoreLess
3 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyMAHARERASince 4 May 2026
Total penalty of Rs.50000 i.e. (a) Penalty of Rs.25,000/- under Section 61 of the RERA Act, 2016 has been imposed for violation of the provision of Section 11(2) of the RERA. (b) Penalty of Rs.25,000/- under Section 63 of the RERA Act, 2016 has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023 for the Project registered under No. PM1260002501184
For violation of the provision of Section 11(2), 61 and 63 of the RERA Act, 2016, a penalty has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023.MoreLess
- Fine or penaltyMAHARERASince 4 May 2026
Total penalty of Rs.50000 i.e. (a) Penalty of Rs.25,000/- under Section 61 of the RERA Act, 2016 has been imposed for violation of the provision of Section 11(2) of the RERA. (b) Penalty of Rs.25,000/- under Section 63 of the RERA Act, 2016 has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023 for the Project registered under No.PM1261012501226.
For violation of the provision of Section 11(2), 61 and 63 of the RERA Act, 2016, a penalty has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023.MoreLess
- Fine or penaltyMAHARERASince 4 May 2026
Total penalty of Rs.50000 i.e. (a) Penalty of Rs.25,000/- under Section 61 of the RERA Act, 2016 has been imposed for violation of the provision of Section 11(2) of the RERA. (b) Penalty of Rs.25,000/- under Section 63 of the RERA Act, 2016 has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023 for the Project registered under No. PM1261012500469.
For violation of the provision of Section 11(2), 61 and 63 of the RERA Act, 2016, a penalty has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023.MoreLess
- Fine or penaltyMAHARERASince 4 May 2026
Total penalty of Rs.50000 i.e. (a) Penalty of Rs.25,000/- under Section 61 of the RERA Act, 2016 has been imposed for violation of the provision of Section 11(2) of the RERA. (b) Penalty of Rs.25,000/- under Section 63 of the RERA Act, 2016 has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023 for the Project registered under No. P52100054550.
For violation of the provision of Section 11(2), 61 and 63 of the RERA Act, 2016, a penalty has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023.MoreLess
- Fine or penaltyMAHARERASince 4 May 2026
Total penalty of Rs.50000 i.e. (a) Penalty of Rs.25,000/- under Section 61 of the RERA Act, 2016 has been imposed for violation of the provision of Section 11(2) of the RERA. (b) Penalty of Rs.25,000/- under Section 63 of the RERA Act, 2016 has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023 for the Project registered under No. P52100056082.
For violation of the provision of Section 11(2), 61 and 63 of the RERA Act, 2016, a penalty has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023.MoreLess
- Fine or penaltyMAHARERASince 25 Jun 2026
Penalty of Rs.25,000/- under Section 63 of the RERA Act, 2016 has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and F17Order No.46A/2023, dated 25.07.2023 for the Project registered under No. PM1261012502409
For violation of the provision of 63 of the RERA Act, 2016, a penalty has been imposed for contravention of the directions issued by the MahaRERA Authority vide Order No.46C/2025, dated 08.04.2025 read with Order No.46/2023, dated 29.05.2023 and Order No.46A/2023, dated 25.07.2023.MoreLess
- Tax disputeAssistant Commissioner of State Tax, GSTSince 6 Apr 2026Appeal filed before Commissioner (Appeals) against the Order received on 06 April 2026At the filing before: Intimation of receipt of show cause notice u/s 74 of the CGST Act, 2017
- Tax disputeAssistant Commissioner of State Tax, GSTSince 4 Jun 2026Order-in-original has been received against the intimation to show cause noticeAt the filing before: Intimation of receipt of show cause notice u/s 74 of the CGST Act, 2017
1 more
- Tax disputeAssistant Commissioner of State Tax, GSTSince 19 Jun 2026Order-in-original has been received against the show cause noticeAt the filing before: Intimation of receipt of show cause notice u/s 74 of the CGST Act, 2017
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesJun 2025, checked by CARE Ratings Limited | 417.03 | – | – | No |