Kolte-Patil Preferential Issue Proceeds Utilization Update

Key Quantitative Figures

• Amount raised through preferential issue: Rs. 41,703 lakhs
• Face value of equity shares: Rs. 10 each
• NSE Symbol and Series: KOLTEPATIL and EQ
• BSE Code and Scrip Code: 9624 and 532924

Parties Involved

• Issuer: Kolte-Patil Developers Limited (CIN: L45200PN1991PLC129428)
• Monitoring Agency: CARE Ratings Limited
• Stock Exchanges: National Stock Exchange of India Limited and BSE Limited

Fund Utilization Status

• No deviation or variation in use of funds raised as of quarter ended 30 June 2026
• Monitoring agency confirmed applicable with CARE Ratings Limited overseeing the process
• No comments from audit committee or auditors reported

Timeline Extension

The company has extended the timeline for utilization of the issue proceeds by 12 months (till 22 December 2027). Shareholder approval was obtained through a Special Resolution passed in the 35th Annual General Meeting held on 27 July 2026.