5222872026-10-135222872026-10-13ActionsTakenOrOrdersPassedDomain15222872026-10-13ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain15222872026-10-13SignatoriesDomain1xbrli:pureKPILKALPATARU PROJECTS INTERNATIONAL LIMITED522287NOTLISTEDINE220B01022NewAction(s) taken or orders passed (sub-para 20)false2026-10-1217:12:002026-10-13Any other similar action(s)The Hon’ble Principal Commissioner (Appeals) vide its Order has partially allowed the appeal filed by the Company, resulting in a reduction of the tax and interest demand, with penalty reduced to INR 0.14 Crores.Statutory AuthorityThe Hon’ble Principal Commissioner (Appeals), GST Authority1Listed Entity (Self)KALPATARU PROJECTS INTERNATIONAL LIMITEDAppellate OrderThe Hon’ble Principal Commissioner (Appeals) vide its Order has partially allowed the appeal filed by the Company, resulting in a reduction of the tax and interest demand, with penalty reduced to INR 0.14 Crores.2026-10-12Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company vide its earlier intimation dated 11th January, 2024, submitted to the stock exchanges, had informed about the Order passed by the GST Authority for the FY 2017-18 to FY 2019-20 raising a demand of penalty of INR 0.21 Crores, in addition to tax demand of INR 1.83 Crores and applicable interest u/s 50(3) of the Goods and Services Tax Act, 2017 on grounds of alleged excess claim of Input Tax Credit (ITC), mismatch in ITC availed in GSTR-3B and ITC available in GSTR-2A. The Company had filed an appeal before the Hon’ble Principal Commissioner (Appeals) against the said Order. This to further update that the Hon’ble Principal Commissioner (Appeals) vide its Order has partially allowed the appeal filed by the Company, resulting in a reduction of the tax and interest demand, with penalty reduced to INR 0.14 Crores. The aforesaid Order was received by the Company on 12th October, 2026 at about 05:12 P.M. (IST). The Company has a strong case to defend the matter before the higher appellate authority since the Order is issued without considering the reply and documentary evidences submitted by the Company. The Company will prefer further appeal against the said Order within prescribed timelines.Financial Year 2017-18 to 2019-20The Hon’ble Principal Commissioner (Appeals) vide its Order has partially allowed the appeal filed by the Company, resulting in a reduction of the tax and interest demand, with penalty reduced to INR 0.14 Crores. The same does not have any significant impact on the Company.The Hon’ble Principal Commissioner (Appeals) vide its Order has partially allowed the appeal filed by the Company, resulting in a reduction of the tax and interest demand, with penalty reduced to INR 0.14 Crores.The Hon’ble Principal Commissioner (Appeals) vide its Order has partially allowed the appeal filed by the Company, resulting in a reduction of the tax and interest demand, with penalty reduced to INR 0.14 Crores.Not ApplicableThe Company has a strong case to defend the matter before the higher appellate authority since the Order is issued without considering the reply and documentary evidences submitted by the Company. The Company will prefer further appeal against the said Order within prescribed timelines.Shweta GirotraCompany Secretary and Compliance Officer2026-10-13Mumbai