Kalpataru promoters confirm no share encumbrance in FY26

2 min read     Updated on 07 Jul 2026, 06:18 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Kalpataru Limited's promoters declared no encumbrance on shares during FY26 under SEBI regulations. The promoter group holds 81.34% of the equity capital as of March 31, 2026. Mofatraj P. Munot submitted the disclosure on behalf of all promoters and PACs.

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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.

Historical Stock Returns for Kalpataru

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%-5.73%-8.40%-18.04%-33.27%-33.47%

Will the absence of share encumbrances enable Kalpataru Limited to secure more favorable financing terms for future expansion?

Does the high promoter concentration of 81.34% indicate a potential strategy to delist the company or maintain strict control?

Could this clean shareholding structure make Kalpataru Limited an attractive target for strategic mergers or acquisitions?

Kalpataru Ltd subsidiary faces tax order of Rs 9.20 crore

1 min read     Updated on 04 Jul 2026, 02:10 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Abacus Real Estate, a wholly owned subsidiary of Kalpataru Ltd, received an order from the Commissioner of Income Tax (Appeal), Mumbai, dismissing its appeal for the Assessment Year 2013-14. The order sustains additions to income, resulting in a net tax demand of Rs 9.20 crore. The subsidiary plans to contest the order, while Kalpataru Ltd stated the order has no material financial impact on its operations.

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Abacus Real Estate, a wholly owned subsidiary of Kalpataru Ltd , has received an order from the Commissioner of Income Tax (Appeal), Mumbai, regarding the Assessment Year 2013-14. The order sustains additions to the income made by the Income Tax Officer, resulting in a net tax demand of Rs 9.20 crore. The subsidiary had filed an appeal against an assessment order that originally made an addition to the income, leading to a tax demand including interest of Rs 15.44 crore.

Order Details

The CIT(A) dismissed the appeal filed by Abacus Real Estate. The net tax demand of Rs 9.20 crore is calculated after deducting the amount already paid, which was Rs 6.24 crore, from the total tax demand of Rs 15.44 crore. The original assessment order for the Assessment Year 2013-14 had resulted in the initial tax demand.

Financial Detail Amount (Rs)
Total tax demand 15.44 crore
Amount paid 6.24 crore
Net tax demand 9.20 crore

Future Action

Abacus Real Estate intends to contest the order or file an appeal in accordance with the applicable provisions of the Income Tax Act. The subsidiary expressed hope for a favorable outcome. Kalpataru Ltd stated that the order does not have any material financial impact on its operations.

The company received information regarding the receipt of the order by its subsidiary at 3:45 p.m. on July 3, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Kalpataru

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%-5.73%-8.40%-18.04%-33.27%-33.47%

What is the likelihood of a favorable outcome if Abacus Real Estate proceeds to the Income Tax Appellate Tribunal?

Could this tax dispute trigger similar scrutiny for other assessment years or group subsidiaries?

How will the legal costs and potential cash outflow affect Abacus Real Estate's liquidity in the short term?

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