Kalpataru Projects International Limited has informed the Exchange about Action(s) taken or orders passed

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KPIL · price

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Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹1170.00

prior close

₹1170.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.2%+0.9% vs market

Civil Construction peers, median of 94sector+0.6%+1.4% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Smallcap 250 and 1.4 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+2.1+1.2+0.9+0.6+1.4

Next day

+2.6+1.1+1.5+0.8+1.8

+2.5+1.8+0.7+1.6+0.9

+2.6+2.1+0.4+0.4+2.1

+2.0+1.8+0.2-0.5+2.5

+0.2+2.0-1.7-1.1+1.3

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15d

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-3.6-6.0+2.3-11.3+7.7

+1.3-5.5+6.8-13.5+14.8

-7.4-10.6+3.2-20.9+13.6

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 94Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kalpataru Projects International Limited (KPIL) informed the exchanges that a consortium in which the company is a member received an order from the GST Authority on 30th December 2025 under Section 74 of the CGST Act, 2017. The order relates to alleged excess availment of Input Tax Credit (ITC) and short payment of tax for the financial years 2018-19 to 2022-23. The authority has imposed a penalty of INR 1.51 crores on the consortium. The company stated that the order was passed without considering the reply and documentary evidence submitted, and that the consortium has a strong case to defend. An appeal will be filed before the Appellate Authority within the prescribed timelines.

Likely market impact

The company has clarified that the penalty has no significant impact on its financial or operational position. The amount is relatively small for a company of KPIL's scale, and the matter will be contested in appeal, so near-term impact on shareholders or stock price is likely limited.