K C Holdings Adjusts Pledge on Kalpataru Projects Shares, Creates 25.6 Lakh and Releases 13.1 Lakh Shares
K C Holdings, a significant shareholder of Kalpataru Projects International Limited (KPIL), has made changes to its pledged shares. It created a new pledge on 25,55,555 shares for a Rs. 125 crore facility and released 13,11,111 shares following full repayment of Rs. 115 crore in facilities. K C Holdings maintains a 33.52% stake in KPIL, with 8.24% of total capital encumbered. The borrowed funds are for general corporate purposes, including refinancing and inter-corporate deposits. KPIL's recent financial performance shows strong growth with a 13% increase in operating income and a robust order book of Rs 65,475 crore.

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Kalpataru Projects International Limited (KPIL) has reported changes in pledged shares by its significant shareholder, K C Holdings Private Limited, according to recent corporate filings. K C Holdings has created a new pledge on 25,55,555 shares while simultaneously releasing 13,11,111 shares from an existing pledge.
Pledge Creation Details
The newly created pledge, involving 25,55,555 shares, is associated with a Rs. 125.00 crore facility availed by Abacus Real Estate Private Limited from Tata Capital Limited. This move indicates ongoing financial arrangements within the group's ecosystem.
Pledge Release Information
Concurrently, K C Holdings has released 13,11,111 shares from pledge. This release is linked to the full repayment of two separate facilities:
- A Rs. 65.00 crore facility availed by Abacus Real Estate Private Limited
- A Rs. 50.00 crore facility availed by Ardour Properties Private Limited
Both these facilities were from Tata Capital Limited and have been fully repaid, leading to the release of the pledged shares.
K C Holdings' Stake in KPIL
K C Holdings maintains a substantial stake in Kalpataru Projects International Limited:
Particulars | Details |
---|---|
Total shares held | 5,72,43,787 |
Percentage of total share capital | 33.52% |
Encumbered shares (% of total capital) | 8.24% |
Purpose of Borrowing
The borrowed amounts are reportedly being utilized for general corporate purposes. This includes refinancing existing facilities and extending inter-corporate deposits to group companies, suggesting a strategic reallocation of financial resources within the group.
Impact on KPIL
While these pledge adjustments reflect the financial maneuvering of K C Holdings, they do not directly impact the operations of Kalpataru Projects International Limited. However, they do provide insights into the financial strategies of one of KPIL's major shareholders.
Investors and market watchers may want to monitor any further changes in pledged shares, as they can sometimes indicate the financial health and strategies of major stakeholders.
Recent Financial Performance of KPIL
According to recent credit rating information, Kalpataru Projects International Limited has shown strong financial performance:
- Operating income improved by 13% year-on-year to Rs 19,004.00 crore.
- The company maintains a robust order book of Rs 65,475.00 crore, providing medium-term revenue visibility.
- KPIL's financial risk profile remains healthy, with improved debt metrics and strong liquidity position.
These financial indicators suggest that KPIL continues to maintain a strong market position in its core business segments, which may provide comfort to stakeholders regarding the company's overall financial stability.
Historical Stock Returns for Kalpataru Projects International
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.73% | +1.59% | -0.12% | +35.91% | -2.27% | +141.50% |