Kalpataru Ltd Approves Merger of KHRPL with KPTL to Streamline Group Structure

Kalpataru Ltd approved the amalgamation of its step-down subsidiary, Kalpataru Hills Residency Private Limited (KHRPL), with its wholly-owned subsidiary, Kalpataru Properties (Thane) Limited (KPTL). The boards of KPTL and KHRPL approved the Scheme of Amalgamation on July 8, 2026, under Section 233 of the Companies Act, 2013. The restructuring is an internal reorganization aimed at streamlining the group structure, optimizing operations, and reducing costs across group companies.

Merger Structure and Financial Impact

The amalgamation involves the merger of KHRPL, a wholly-owned subsidiary of KPTL, into KPTL. Both entities are primarily engaged in the business of real estate development. Upon effectiveness of the scheme, Kalpataru Ltd will continue to hold a 100% stake in KPTL, with no change in the shareholding pattern of the listed entity. The company stated that the proposed restructuring will not have any significant impact on its consolidated or standalone financial position, and no cash consideration is payable under the scheme.

The following table presents the standalone financial details of the entities involved in the merger for the year ended March 31, 2026:

Entity:	Turnover (INR in Crores)	Net Worth (INR in Crores)
Kalpataru Properties (Thane) Limited	227.58	86.12
Kalpataru Hills Residency Private Limited	-	(15.46)

Rationale and Regulatory Approvals

The rationale for the merger includes simplifying the corporate structure, bringing synergy in operations, and achieving optimum utilization of resources. The scheme is subject to the sanction of the Regional Director, Ministry of Corporate Affairs, as well as receipt of necessary approvals from the classes of members and/or creditors of the transferor and transferee companies. The information was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.14%	-5.73%	-8.40%	-18.04%	-33.27%	-33.47%

Kalpataru Limited's promoters have confirmed that they did not create any encumbrance on the company's shares during the financial year 2025-26. This declaration was submitted by Mofatraj P. Munot on behalf of the promoters, members of the promoter group, and persons acting in concert (PACs) in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure provides transparency regarding the shareholding status of key stakeholders, ensuring that no shares were pledged or charged directly or indirectly during the specified period. The filing includes a detailed list of shareholding as of March 31, 2026, outlining the stakes held by individual promoters and group entities.

Promoter Shareholding Details

The promoter group, including individuals and corporate entities, holds a significant majority stake in Kalpataru Limited . The total shareholding of the promoter group stands at 16,74,89,537 equity shares, representing 81.34% of the company's total equity capital.

Sr No.	Name	Category	No. of Equity shares held	% of shareholding
1	Mofatraj Pukhraj Munot	Promoter	3,63,09,000	17.63
2	Parag Mofatraj Munot	Promoter	2,03,01,705	9.86
3	Monica Parag Munot	Promoter Group	69,82,500	3.39
4	Sudha Rajesh Golechha	Promoter Group	52,36,875	2.54
5	Sunita Vijay Choraria	Promoter Group	52,36,875	2.54
6	Mofatraj P Munot HUF	Promoter Group	13,300	0.01
7	Kalpataru Constructions Private Limited	Promoter Group	1,84,63,026	8.97
8	Appropriate Developers Private Limited	Promoter Group	1,39,38,400	6.77
9	Flex-O-Poly Private Limited	Promoter Group	1,36,85,700	6.65
10	Mrigashish Investment and Trading Company Private Limited	Promoter Group	1,36,85,700	6.65
11	Shouri Investment and Trading Company Private Limited	Promoter Group	1,36,85,700	6.65
12	Mrigashish Constructions Private Limited	Promoter Group	1,34,06,400	6.51
13	Ixora Properties Private Limited	Promoter Group	16,43,306	0.8
14	MPM Holding LLP	Promoter Group	13,300	0.01
15	Mofatraj P. Munot and Parag M. Munot as Trustees of Sharad Chandrika Munot Family Trust	Promoter Group	48,87,750	2.37
Total			16,74,89,537	81.34

Mofatraj P. Munot, a key promoter, signed the declaration on April 09, 2026. The document was addressed to the Audit Committee of Kalpataru Limited and submitted to the National Stock Exchange of India Limited and BSE Limited for record purposes.