Kalpataru Projects International Limited (KPIL) — Announcement

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📢 Key Event
Kenya branch receives tax assessment notice

💡 Investor Takeaway
The penalty is minor and will not materially affect the company's financial health.

⚠️ Risks
Potential tax liability and need to file objections

Kalpataru Projects International Limited disclosed that its Kenya branch received a tax assessment notice from the Kenya Revenue Authority demanding Profit Repatriation Tax, interest, and penalty for FY2024, with a penalty of approximately INR 80.95 lakhs, which the company plans to contest and states will not significantly affect operations.

📄 View Original Announcement (PDF)

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