Kolte - Patil Developers Limited — Important, 04-06-2026: Updates

Kolte-Patil faces a tax claim from authorities for GST liability totaling Rs. 64.41 Cr, plus a Rs. 6.95 Cr penalty, for FY20-26, concerning TDR & redevelopment services. The company disputes the claim, deems it erroneous, and plans legal action, anticipating no material financial impact.