5329242025-01-012025-03-315329242025-03-315329242025-01-012025-03-31CompositionOfBoardOfDirectors15329242025-03-31CompositionOfBoardOfDirectors15329242025-01-012025-03-31CompositionOfBoardOfDirectors25329242025-03-31CompositionOfBoardOfDirectors25329242025-01-012025-03-31CompositionOfBoardOfDirectors35329242025-03-31CompositionOfBoardOfDirectors35329242025-01-012025-03-31CompositionOfBoardOfDirectors45329242025-03-31CompositionOfBoardOfDirectors45329242025-01-012025-03-31CompositionOfBoardOfDirectors55329242025-03-31CompositionOfBoardOfDirectors55329242025-01-012025-03-31CompositionOfBoardOfDirectors65329242025-03-31CompositionOfBoardOfDirectors65329242025-01-012025-03-31CompositionOfBoardOfDirectors75329242025-03-31CompositionOfBoardOfDirectors75329242025-01-012025-03-31CompositionOfBoardOfDirectors85329242025-03-31CompositionOfBoardOfDirectors85329242025-01-012025-03-31CompositionOfBoardOfDirectors95329242025-03-31CompositionOfBoardOfDirectors95329242025-01-012025-03-31CompositionOfBoardOfDirectors105329242025-03-31CompositionOfBoardOfDirectors105329242025-01-012025-03-31CompositionOfCommittees145329242025-03-31CompositionOfCommittees145329242025-01-012025-03-31CompositionOfCommittees155329242025-03-31CompositionOfCommittees155329242025-01-012025-03-31CompositionOfCommittees165329242025-03-31CompositionOfCommittees165329242025-01-012025-03-31CompositionOfCommittees175329242025-03-31CompositionOfCommittees175329242025-01-012025-03-31CompositionOfCommittees185329242025-03-31CompositionOfCommittees185329242025-01-012025-03-31CompositionOfCommittees195329242025-03-31CompositionOfCommittees195329242025-01-012025-03-31CompositionOfCommittees415329242025-03-31CompositionOfCommittees415329242025-01-012025-03-31CompositionOfCommittees425329242025-03-31CompositionOfCommittees425329242025-01-012025-03-31CompositionOfCommittees435329242025-03-31CompositionOfCommittees435329242025-01-012025-03-31CompositionOfCommittees445329242025-03-31CompositionOfCommittees445329242025-01-012025-03-31CompositionOfCommittees685329242025-03-31CompositionOfCommittees685329242025-01-012025-03-31CompositionOfCommittees695329242025-03-31CompositionOfCommittees695329242025-01-012025-03-31CompositionOfCommittees705329242025-03-31CompositionOfCommittees705329242025-01-012025-03-31CompositionOfCommittees715329242025-03-31CompositionOfCommittees715329242025-01-012025-03-31CompositionOfCommittees955329242025-03-31CompositionOfCommittees955329242025-01-012025-03-31CompositionOfCommittees965329242025-03-31CompositionOfCommittees965329242025-01-012025-03-31CompositionOfCommittees975329242025-03-31CompositionOfCommittees975329242025-01-012025-03-31CompositionOfCommittees985329242025-03-31CompositionOfCommittees985329242025-01-012025-03-31CompositionOfCommittees995329242025-03-31CompositionOfCommittees995329242025-01-012025-03-31CompositionOfCommittees1005329242025-03-31CompositionOfCommittees1005329242025-01-012025-03-31CompositionOfCommittees1225329242025-03-31CompositionOfCommittees1225329242025-01-012025-03-31CompositionOfCommittees1235329242025-03-31CompositionOfCommittees1235329242025-01-012025-03-31CompositionOfCommittees1245329242025-03-31CompositionOfCommittees1245329242025-03-31MeetingOfBoardOfDirectors15329242025-01-012025-03-31MeetingOfBoardOfDirectors15329242025-03-31MeetingOfBoardOfDirectors25329242025-01-012025-03-31MeetingOfBoardOfDirectors25329242025-03-31MeetingOfBoardOfDirectors35329242025-01-012025-03-31MeetingOfBoardOfDirectors35329242025-01-012025-03-31MeetingOfCommittees15329242025-03-31MeetingOfCommittees15329242025-01-012025-03-31MeetingOfCommittees25329242025-03-31MeetingOfCommittees25329242025-01-012025-03-31MeetingOfCommittees35329242025-03-31MeetingOfCommittees35329242025-01-012025-03-31MeetingOfCommittees45329242025-03-31MeetingOfCommittees45329242025-01-012025-03-31MeetingOfCommittees55329242025-03-31MeetingOfCommittees55329242024-12-315329242025-03-31ImpositionOfFineOrPenaltyDomain15329242025-03-31ImpositionOfFineOrPenaltyDomain25329242025-03-31ImpositionOfFineOrPenaltyDomain3iso4217:INRxbrli:pure532924KOLTEPATILNOTLISTEDINE094I01018Kolte - Patil Developers Limited2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseDuring the quarter ended 31 March 2025, the Company has not acquired any shares or voting rights in unlisted companies as per the provisions of Para A (1) of Part A of Schedule III of SEBI (LODR) Regulations, 2015.truefalseDuring the quarter ended 31 March 2025, the Company has no Tax Litigations or Disputes to be reported in term of Sub-Para 8 of Para B of Part A of Schedue III of SEBI (LODR) Regulations, 2015 read with corrosponding provisions of Annexure 18 of Master Circular November 11, 2024 as amended by SEBI Circular December 31, 2024.truetrueTop 1000 listed entitiestrueK00173OriginaltruetrueMrRajesh Anirudha Patil00381866Executive DirectorChairperson related to PromoterMD1963-04-05falseActiveNA1995-04-152020-04-151000MrNaresh Anirudha PatilAAXPP9202G00881077Executive DirectorNot Applicable1965-02-04falseActiveNA1995-04-152020-04-151010MrMilind Digambar Kolte00170760Executive DirectorNot Applicable1961-05-16falseActiveNA1995-04-152020-04-151010MrYashvardhan Rajesh PatilBDTPP3237K06898270Executive DirectorNot Applicable1991-06-20falseActiveNA2021-02-052021-09-171040MrNirmal Milind Kolte05159986Executive DirectorNot Applicable1989-04-21falseActiveNA2021-05-312021-09-171020MrUmesh Madhukar JoshiABKPJ8020A02557162Non-Executive - Independent DirectorNot Applicable1952-06-20falseActiveNA2016-05-282021-09-171181110MrAchyut Narayan Watwe01179251Non-Executive - Independent DirectorNot Applicable1952-11-26falseActiveNA2021-02-052021-09-17501121MrGirish Paman VanvariAABPV2637D07376482Non-Executive - Independent DirectorNot Applicable1972-04-10falseActiveNA2021-07-292021-09-17446685MrsSudha Pravin Navandar02804964Non-Executive - Independent DirectorNot Applicable1966-11-02falseActiveNA2021-07-292021-09-17446685MrDhananjay Ramkrishna BarveABGPB3910K00066375Non-Executive - Independent DirectorNot Applicable1950-12-06falseActiveNA2024-05-242024-05-24112221truetruetruetruetrueAudit Committee02804964Sudha Pravin NavandarNon-Executive - Independent DirectorChairperson2021-07-29Audit Committee07376482Girish Paman VanvariNon-Executive - Independent DirectorMember2021-07-29Audit Committee00066375Dhananjay Ramkrishna BarveNon-Executive - Independent DirectorMember2024-05-24Audit Committee06898270Yashvardhan Rajesh PatilExecutive DirectorMember2021-02-05Audit Committee05159986Nirmal Milind KolteExecutive DirectorMember2021-05-31Audit Committee01179251Achyut Narayan WatweNon-Executive - Independent DirectorMember2021-02-05Nomination and remuneration committee02557162Umesh Madhukar JoshiNon-Executive - Independent DirectorChairperson2016-05-28Nomination and remuneration committee01179251Achyut Narayan WatweNon-Executive - Independent DirectorMember2021-02-05Nomination and remuneration committee07376482Girish Paman VanvariNon-Executive - Independent DirectorMember2021-07-29Nomination and remuneration committee02804964Sudha Pravin NavandarNon-Executive - Independent DirectorMember2021-07-29Stakeholders Relationship Committee01179251Achyut Narayan WatweNon-Executive - Independent DirectorChairperson2021-02-05Stakeholders Relationship Committee02557162Umesh Madhukar JoshiNon-Executive - Independent DirectorMember2016-05-28Stakeholders Relationship Committee06898270Yashvardhan Rajesh PatilExecutive DirectorMember2021-02-05Stakeholders Relationship Committee05159986Nirmal Milind KolteExecutive DirectorMember2021-05-31Risk Management Committee00381866Rajesh Anirudha PatilExecutive DirectorChairperson2021-05-31Risk Management Committee02557162Umesh Madhukar JoshiNon-Executive - Independent DirectorMember2021-05-31Risk Management Committee01179251Achyut Narayan WatweNon-Executive - Independent DirectorMember2021-05-31Risk Management Committee07376482Girish Paman VanvariNon-Executive - Independent DirectorMember2021-07-29Risk Management Committee06898270Yashvardhan Rajesh PatilExecutive DirectorMember2021-02-05Risk Management Committee05159986Nirmal Milind KolteExecutive DirectorMember2021-05-31Corporate Social Responsibility Committee02557162Umesh Madhukar JoshiNon-Executive - Independent DirectorChairperson2016-05-28Corporate Social Responsibility Committee01179251Achyut Narayan WatweNon-Executive - Independent DirectorMember2021-02-05Corporate Social Responsibility Committee00170760Milind Digambar KolteExecutive DirectorMember2014-08-132024-11-12true101052025-02-1190true101052025-03-1329true10105Audit Committee2024-10-08true6530Audit Committee2024-11-1234true6640Audit Committee2025-02-1190true6640Stakeholders Relationship Committee2025-02-11true4420Risk Management Committee2025-03-01true6630truetruetruetrueYestruetruetrueVinod PatilCompany Secretary and Compliance OfficerYeshttps://www.koltepatil.com/about-us/company-profileYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/corporate-governanceNAYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/financial-statementsYeshttps://www.koltepatil.com/investor/shareholding-patternsNAYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesNAYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesNAYeshttps://www.koltepatil.com/investor/corporate-governanceYeshttps://www.koltepatil.com/investor/financial-statementsYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesYeshttps://www.koltepatil.com/investor/investor-servicesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesYesYesYesYesYesNAYesYesYesNAYesMr.Vinod PatilCompany Secretary and Compliance OfficerYesVinod PatilCompany Secretary and Compliance OfficerfalseMr. Vinod PatilCompany Secretary and Compliance OfficerPune2025-04-2900000BSE LimitedImposition of fine of Rs. 2,47,800 (incl GST) for non-compliance under Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20152025-03-17Due to retirement of two Independent Directors during the quarter ended 30 September 2024, the number of Independent Directors on the Board fell short by one in the composition of the Board under Regulation 17(1) of the Listing Regulations. In this regard, we would like to : 1. From 01 July 2024 onwards, the Board of Directors of the Company comprised of 5 Executive Directors, 1 Non-Executive Non-Independent Director and 7 Non-Executive Independent Directors. However, during the quarter ended on 30 September 2024, the following changes in the composition of the Board of Directors took place: a) Mr. Prakash Gurav (DIN: 02004317) completed his tenure as a Non-Executive Independent Director and ceased to be a Director of the Company w.e.f. the close of business hours on 12 August 2024. A disclosure dated 09 August 2024 was made by the Company in this regard. As a result of this, the number of Directors on the Board of the Company was reduced to 12 Directors comprising of 5 Executive Directors, 1 Non-Executive Director and 6 Non-Executive Independent Directors. b) Thereafter, Mr. Jayant Pendse (DIN: 02434630) completed his tenure as a Non-Executive Independent Director and ceased to be a Director of the Company w.e.f. the close of business hours on 12 September 2024. In this regard, a disclosure dated 12 September 2024 was made by the Company. This cessation resulted in a further reduction in the number of Directors on the Board of the Company. 2. It is submitted that all necessary steps and actions were taken to identify and appoint suitable candidates for appointment as Non-Executive Independent Directors of the Company. In fact, the Board of Directors of the Company, at its meeting held on 24 May 2024, had approved the appointment of Mr. Dhananjay Barve as a Non-Executive Independent Director and such appointment was approved by the shareholders of the Company at the Annual General Meeting held on 17 August 2024. However, despite its earnest efforts, the Company was unable to identify an additional candidate for appointment as a Non-Executive Independent Director. While the above process was underway, Mrs. Vandana Naresh Patil, a Non-Executive Non-Independent Director, resigned on 11 November 2024 with immediate effect. As a result of this, the Board of Directors of the Company currently comprises of 5 Executive Directors and 5 Non-Executive Independent Directors. Thus, currently, the composition of the board of directors of the Company is in compliance with the requirement prescribed under law in this regard.None - There is no material impact on financials, operations or other activities of the CompanyNational Stock Exchange of India LimitedImposition of fine of Rs. 2,47,800 (incl GST) for non-compliance under Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20152025-03-17Due to retirement of two Independent Directors during the quarter ended 30 September 2024, the number of Independent Directors on the Board fell short by one in the composition of the Board under Regulation 17(1) of the Listing Regulations. In this regard, we would like to : 1. From 01 July 2024 onwards, the Board of Directors of the Company comprised of 5 Executive Directors, 1 Non-Executive Non-Independent Director and 7 Non-Executive Independent Directors. However, during the quarter ended on 30 September 2024, the following changes in the composition of the Board of Directors took place: a) Mr. Prakash Gurav (DIN: 02004317) completed his tenure as a Non-Executive Independent Director and ceased to be a Director of the Company w.e.f. the close of business hours on 12 August 2024. A disclosure dated 09 August 2024 was made by the Company in this regard. As a result of this, the number of Directors on the Board of the Company was reduced to 12 Directors comprising of 5 Executive Directors, 1 Non-Executive Director and 6 Non-Executive Independent Directors. b) Thereafter, Mr. Jayant Pendse (DIN: 02434630) completed his tenure as a Non-Executive Independent Director and ceased to be a Director of the Company w.e.f. the close of business hours on 12 September 2024. In this regard, a disclosure dated 12 September 2024 was made by the Company. This cessation resulted in a further reduction in the number of Directors on the Board of the Company. 2. It is submitted that all necessary steps and actions were taken to identify and appoint suitable candidates for appointment as Non-Executive Independent Directors of the Company. In fact, the Board of Directors of the Company, at its meeting held on 24 May 2024, had approved the appointment of Mr. Dhananjay Barve as a Non-Executive Independent Director and such appointment was approved by the shareholders of the Company at the Annual General Meeting held on 17 August 2024. However, despite its earnest efforts, the Company was unable to identify an additional candidate for appointment as a Non-Executive Independent Director. While the above process was underway, Mrs. Vandana Naresh Patil, a Non-Executive Non-Independent Director, resigned on 11 November 2024 with immediate effect. As a result of this, the Board of Directors of the Company currently comprises of 5 Executive Directors and 5 Non-Executive Independent Directors. Thus, currently, the composition of the board of directors of the Company is in compliance with the requirement prescribed under law in this regard.None - There is no material impact on financials, operations or other activities of the CompanyMaharashtra Real Estate Regulatory Authority (MAHARERA)MAHARERA kept the project viz; 24K World Residences in abeyance and levied a fine of Rs. 50,0002025-02-07In January 2022, the Company approached MAHARERA to de-register the Project 24K World Residences. However, at that point of time, MAHARERA had no de-registration process. Accordingly, the Company consulted senior officers at MAHARERA office, BKC Mumbai. They advised to get consents from 2/3rd of customers and submit a declaration. Accordingly, on 21/01/2022 the Company submitted Declaration-cum-Undertaking on MAHARERA portal. On 05-11-2024, the Company received an e-mail with Lapsed Notice dated 04-11-2024. The Company on 14-11-2024 replied to Lapsed Notice, stating project withdrawal via Declaration-cum-Undertaking. On 28-01-2025, MAHARERA Compliance Department scrutinized reply and documents, instructed to submit de-registration application. In this regard, the Company made a submission about the non-applicability of de-registration application for this project. Thereafter, on 11-02-2025, the Company received an e-mail from MAHARERA with Order dated 07-02-2025, project kept in abeyance, and fine of Rs. 50,000 levied. In this regard, the Company submitted a written explanation on de-registration and further communication from MAHARERA is awaited.None - There is no material impact on financials, operations or other activities of the CompanyThere are no loans / security/ debt / guarantee/ comfort letter extended by the Company to Promoters, Promoter Group, Directors (Including Relatives), Key Managerial Personnel or their relatives or any entity controlled by them 00000000000000000000000000000000All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.trueRavi Prakash PorwalCFOPune2025-04-29