Appeals filed by Deputy Commissioner of Income Tax with Income Tax Appellate Tribunal against Agile Real…
As filed · Kalpataru Limited has informed the Exchange about Appeals filed by Deputy Commissioner of Income Tax with Income Tax Appellate Tribunal against Agile Real Estate Pvt Ltd, subsidiary of the Company
What happened
FactKalpataru Limited has informed the Exchange about Appeals filed by Deputy Commissioner of Income Tax with Income Tax Appellate Tribunal against Agile Real Estate Pvt Ltd, subsidiary of the Company. Income Tax Appellate Tribunal against Agile Real Estate Pvt Ltd, subsidiary of the Company,. We now inform you that, the DCIT has filed appeals before Income Tax Appellate Tribunal against.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Debt
RevisedThe company has utilized ₹1,192.5 crore from IPO proceeds towards debt repayment, in line with the objects of the issue and remains committed to further strengthening the balance sheet through continued debt reduction efforts.
our gross debt stood at Rs. 9,189 crores while our cash and cash equivalents were Rs. 959 crores resulting into a net debt of Rs. 8,229 crores.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- Pre-Sales (INR cr) ~7,000 (management committed by FY26)
- We have a strong launch pipeline for FY26 with a saleable area of 3.16 msf spread across Mumbai and Thane. (management committed by FY26)
Evidence
- Kalpataru Limited has informed the Exchange about Appeals filed by Deputy Commissioner of Income Tax with Income Tax Appellate Tribunal against Agile Real Estate Pvt Ltd, subsidiary of the Company(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%