Kolte - Patil Developers Limited — Others, 11-05-2025: Demise

Kolte-Patil Developers Ltd. has announced the passing of Mr. Naresh Patil, Promoter and Vice Chairman, who held 14.64% equity. His decades-long leadership played a key role in the company’s growth. With his demise, he will no longer be part of the promoter group, which will affect the shareholding pattern and governance dynamics, marking a significant change for the company and its stakeholders.