Kalpataru (KALPATARU) — Announcement

📢 Key Event
Subsidiary Abacus appeals GST order to Appellate Tribunal

💡 Investor Takeaway
The appeal has no material financial impact on Kalpataru Limited's operations.

Kalpataru Limited disclosed that its wholly-owned subsidiary Abacus Real Estate Private Limited has appealed a GST order to the GST Appellate Tribunal regarding a tax demand of Rs.1.3566 crores from July 2017 to March 2018. The appeal challenges an earlier order allowing the subsidiary's appeal against the tax demand. The filing has no material financial impact on the company's operations, and the company expects a favorable outcome.

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About Kalpataru Ltd (KALPATARU)

Realty · Realty · Listed on BSE

Market Cap: ₹5,295.08 Cr P/E: 42.1 ROE: 2.5% ROCE: 1.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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