Kalpataru Projects International Limited has informed stock exchanges about a regulatory penalty imposed by Tunisia's social security authority on its branch operations. The company disclosed this development under SEBI listing regulations on December 10, 2025.

Penalty Details and Financial Impact

The Tunisia branch office received an intimation from Caisse Nationale de Securite Sociale (CNSS), Tunisia on December 9, 2025, at approximately 10:00 PM IST. The regulatory action encompasses both penalty imposition and additional contribution demands.

Nature of Regulatory Action

The CNSS penalty stems from the addition of fringe benefits and certain other expenditures under the social security framework. The authority has demanded additional social security contributions for the three-year period spanning from July 2022 to June 2025.

The company's Tunisia branch office operations came under scrutiny for compliance with local social security regulations. The penalty reflects the authority's assessment of additional contributions required based on expanded coverage of employee benefits and related expenditures.

Company Response and Impact Assessment

Kalpataru Projects International has indicated that the branch office will take appropriate steps to deal with this regulatory matter. The company has assessed that the penalty does not have any significant impact on its overall operations.

The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding regulatory developments affecting its international operations.

Operational Context

The penalty relates specifically to the company's Tunisia branch office operations and covers a substantial period of three years. The regulatory action highlights the importance of compliance with local social security regulations in international markets where the company operates.

The company, formerly known as Kalpataru Power Transmission Limited, maintains operations across multiple international locations as part of its infrastructure development business. This regulatory development in Tunisia represents a localized compliance matter within its broader international operational framework.

Kalpataru Projects International has announced securing new orders worth ₹2,003 crores across multiple business segments, strengthening its order book with diversified infrastructure projects. The latest contract wins span both domestic and international markets, covering key areas of the company's operational expertise. The company has achieved a significant milestone with its year-to-date order intake reaching ₹17,000 crores.

Order Portfolio Breakdown

The new orders encompass a comprehensive range of infrastructure projects across different segments:

Year-to-Date Performance Milestone

The ₹2,003 crore order win contributes to Kalpataru Projects International's impressive year-to-date order intake of ₹17,000 crores. This substantial order book accumulation demonstrates the company's strong market position and consistent ability to secure large-scale infrastructure contracts across its operational segments.

Strategic Market Positioning

The order wins reflect Kalpataru Projects International's established presence across multiple infrastructure segments. The company's ability to secure contracts spanning buildings, industrial facilities, and power infrastructure demonstrates its diversified capabilities in the engineering and construction sector.

Geographic Diversification

The order book showcases a balanced approach to market expansion with domestic focus on buildings and factories projects concentrated within India, while power transmission and distribution projects extend beyond domestic boundaries. This strategic mix of local and overseas opportunities positions the company for sustained growth across different markets.

The ₹17,000 crore year-to-date order intake represents a significant achievement for Kalpataru Projects International, reinforcing the company's market leadership across its core business segments and geographic operational areas.