Kalpataru Projects International Limited has paid a penalty fee to the Gujarat Industrial Development Corporation for the approval of an updated building plan. The penalty amounted to INR 20.67 lakhs. This payment relates to observations regarding administrative construction. The payment was initiated on December 23, 2025, and the company believes this will not have a significant impact.
Penalty for Building Plan Approval
Kalpataru Projects International Limited has made a payment regarding its updated building plan. As advised by the Gujarat Industrial Development Corporation, a penalty fee has been paid for the approval of updates to the building plan related to administrative construction observations.
Financial Details
The penalty fee paid by Kalpataru Projects amounts to INR 20.67 lakhs. This payment was initiated by the company on December 23, 2025.
Impact Assessment
The company has stated that the penalty covered under the above is not expected to have any significant impact on its operations or financial standing.
Source: BSE