Kolte-Patil Developers Schedules 35th Annual General Meeting for July 27, 2026
35th Annual General Meeting Scheduled for July 27, 2026
Kolte-Patil will hold its 35th AGM virtually on July 27, 2026, to adopt FY26 financials. The meeting will convene at 3:00 PM IST via video conferencing, bringing together shareholders to address key corporate matters and governance actions.
Agenda and Key Resolutions
The AGM will consider adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2026, the reappointment of director Asheesh Mohta, the renewal of independent director Girish Vanvari for a second five-year term, and a special resolution related to issuance or alteration of securities under applicable companies and securities regulations.
The special resolution on securities reflects the company's ongoing capital management strategy. Kolte-Patil Developers raised ₹417.03 crore through a preferential allotment on June 23, 2025. As of March 31, 2026, ₹104.59 crore has been utilized, leaving ₹312.44 crore unutilized. The company is requesting an extension to December 23, 2027, to deploy the remaining funds.
About Kolte-Patil Developers
Kolte-Patil Developers Limited is an Indian real estate developer headquartered in Pune, with additional operations in Bengaluru. The company focuses on residential and mixed-use projects and is listed on both the National Stock Exchange of India and BSE, with its equity and multiple debt securities actively traded in the capital markets.
Founded nearly 3 decades ago, incorporated in 1991 and guided by the simple, yet profound, philosophy of 'Creation, not construction', Kolte-Patil Developers Ltd is a leading real estate company with dominant presence in the Pune residential market. The company has developed and constructed over 68 projects including residential complexes, IT parks, integrated townships, and commercial complexes, covering a saleable area of ~36 Mn Sq. Ft. across Pune, Mumbai and Bengaluru.
The company markets its projects under the Kolte-Patil and 24K brands. In FY2025, the company achieved a significant financial turnaround, reporting a total income of ₹1,763.7 crore (up 26.5% YoY) and a net profit of ₹106.6 crore.