Kalpataru Projects International promoter group member Sunita Vijay Choraria has created a pledge on 1,50,000 equity shares of the company, as disclosed in a regulatory filing dated December 10, 2025. The pledge creation follows the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Details and Valuation

The pledge was created on December 8, 2025, with the shares valued at ₹17.33 crores based on the last traded market price on the date of the event. The pledged shares represent a small fraction of the company's total share capital.

Promoter Shareholding Impact

Sunita Choraria holds a significant stake in Kalpataru Projects International, with her total promoter shareholding standing at 5,73,27,687 shares as of September 30, 2025. This represents 33.57% of the company's total share capital.

Loan Facility and Purpose

The pledge has been created against a total sanctioned loan-against-securities facility of ₹40 crores extended by Tata Capital Limited to Priyanka Finance Private Limited. The loan amount will not exceed 50% of the value of pledged shares and will be disbursed to the borrower for general corporate purposes.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and SEBI circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 7, 2019. The company's shares are listed on both the National Stock Exchange of India Limited (NSE: KPIL) and BSE Limited (BSE: 522287).

The pledge creation represents a standard corporate financing arrangement where promoter shares serve as collateral for loan facilities. The encumbered shares remain below the 50% threshold of promoter shareholding and constitute less than 20% of the total share capital, indicating a manageable level of encumbrance.

Kalpataru Projects International Limited has received an Environmental, Social, and Governance (ESG) rating of 60 from CFC Finlease Private Limited, a SEBI-registered ESG rating provider. The company disclosed this development to the stock exchanges on December 11, 2025, in compliance with regulatory requirements.

ESG Rating Details

The ESG rating was communicated to the company through an email received on December 10, 2025, at approximately 03:27 p.m. (IST). CFC Finlease also updated this rating on their website simultaneously.

Independent Assessment

The company clarified that it has not engaged CFC Finlease for obtaining this ESG rating. The rating has been assigned independently by CFC Finlease based on publicly available information about the company's environmental, social, and governance practices.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was sent to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under scrip codes 522287 and KPIL respectively.

The company secretary Shweta Girotra signed the regulatory filing, ensuring compliance with stock exchange notification requirements for material developments that could impact investor decisions.