Kalpataru Projects International Limited — Others, 01-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Kalpataru Projects International Ltd (KPIL) has received significant relief in its income tax assessment matters. An erroneous demand of INR 95.83 Crore for Assessment Year 2016-17 has been completely nullified. For other assessment years, appellate authorities have granted major relief, substantially reducing earlier tax demands. Specifically, for some periods, demands were reduced by INR 1.57 Crore, with a INR 0.19 Crore refund expected. KPIL will appeal remaining disputed amounts. The company believes these developments do not pose significant financial implications, easing a past tax liability overhang for shareholders.