Kalpataru Limited has announced the signing of a prestigious redevelopment project in one of Mumbai's most sought-after locations. The company disclosed this development through a press release pursuant to Regulation 30 of SEBI Listing Regulations.

Project Details and Specifications

The redevelopment project involves Shree Mahalakshmi CHS, strategically positioned off Veera Desai Road in Andheri West. The project encompasses significant scale and commercial potential for the developer.

Strategic Location Advantages

The project's location in Andheri West positions it within one of Mumbai's most established residential and commercial micro-markets. The area offers several connectivity and infrastructure benefits that enhance the project's appeal.

Key location advantages include:

• Excellent connectivity and well-developed ecosystem
• Well-established social infrastructure
• Proximity to reputed schools and colleges
• Access to leading healthcare facilities
• Close to retail destinations and entertainment hubs
• Connectivity to prominent business districts

Development Focus and Design Philosophy

The fully residential development will feature thoughtfully planned residences designed to support contemporary lifestyles. Kalpataru Limited has emphasized its commitment to incorporating modern design elements and sustainable practices in the project.

The development will focus on:

• Sustainability initiatives
• Modern amenities and facilities
• Seamless connectivity solutions
• Contemporary lifestyle requirements

Company Portfolio and Experience

Kalpataru Limited operates as one of the largest developers in Mumbai, Maharashtra, with extensive experience across multiple property segments. The company's portfolio spans luxury, premium, and aspirational residential projects, along with commercial and retail developments.

The company benefits from the Kalpataru Group's extensive legacy and expertise in real estate, construction, and infrastructure sectors, along with end-to-end execution capabilities and innovation focus.

Kalpataru Limited has disclosed to stock exchanges the issuance of a corporate guarantee by its wholly-owned subsidiary to secure a significant term loan facility for another group company. The regulatory filing, made on March 12, 2026, provides details of the guarantee arrangement under SEBI Listing Regulations.

Corporate Guarantee Details

The corporate guarantee has been issued by Kalpataru Retail Ventures Private Limited (KRVPL), a wholly-owned subsidiary of Kalpataru Limited, in favor of ICICI Bank Limited. This guarantee secures a Rupee Term Loan facility of up to ₹90.00 crore availed by Agile Real Estate Dev Private Limited (AREDPL), which is a subsidiary of the company.

Transaction Structure and Terms

The Rupee Term Loan facility carries a tenor of up to 60 months, with the corporate guarantee being co-terminus with the loan period. This means the guarantee will remain valid for the entire duration of the loan facility. The arrangement represents an intra-group financing support mechanism within the Kalpataru group structure.

The company has specifically clarified that promoters, promoter group, and group companies do not have any interest in this transaction, indicating that the arrangement is conducted within the normal course of business operations.

Impact Assessment

According to the company's disclosure, the corporate guarantee represents a contingent liability for KRVPL, which is the wholly-owned subsidiary providing the guarantee. Since AREDPL is also a subsidiary company within the consolidated group, the guarantee facilitates financing within the group structure.

The company has stated that at this point, there is no impact of this guarantee on Kalpataru Limited itself. The guarantee arrangement supports the financing requirements of the subsidiary while maintaining the group's consolidated business operations.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has provided comprehensive details in accordance with the SEBI Master Circular dated January 30, 2026, ensuring full transparency regarding the guarantee arrangement.

The information has been simultaneously made available on the company's website investor section, maintaining compliance with disclosure requirements and ensuring stakeholder access to relevant corporate developments.