Kalpataru Projects International (KPIL) — Announcement

📢 Key Event
Gujarat Appellate Authority overturns GST demand

🔄 What Changed
Removes INR 1.52 crore tax demand and INR 0.70 lakh interest from prior period

💡 Investor Takeaway
The ruling eliminates a liability, enhancing financial flexibility for the company.

Kalpataru Projects International Limited announced that the Gujarat Appellate Authority overturned a GST demand of INR 15.17 lakhs plus tax and interest for FY 2019-20, following an earlier notice in August 2024. The company successfully appealed and received the favorable order on July 23, 2026, removing a prior liability and improving cash flow outlook.

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About Kalpataru Projects International Limited (KPIL)

Construction · Construction · Listed on NSE

Market Cap: ₹21,476.36 Cr P/E: 39.0

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

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