Kalpataru Limited — JV/Acquisition, 11-11-2025: Demerger

Kalpataru Ltd. has withdrawn its demerger plan for Project Yoganand in Borivali, Mumbai. This project was initially intended to be separated into a subsidiary, Kalpataru Residency Pvt. Ltd., to attract external funding. Following a successful IPO, the company now possesses strong internal cash flows, negating the need for the demerger as lenders are no longer insisting. This move streamlines Kalpataru's structure, signaling self-sufficient funding for the project. The withdrawal has no financial impact, maintaining business continuity for shareholders.