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Kolte - Patil Developers Limited — Important, 20-06-2026: Updates
20-06-2026 | 01:34 pm
20-06-2026 | 01:34 pm
Kolte-Patil Developers received Show Cause Notices for an alleged GST liability of ₹103.82 Cr (including interest/penalties), related to TDR and redevelopment projects. An incremental penalty of ₹39.40 Cr raises the total penalty to ₹46.36 Cr. The company views the demand as erroneous and plans legal action, expecting no material financial impact.
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