Kalpataru Ltd approves merger of KHRPL with KPTL
pre-market1 source ↓written by the desknot a recommendation
- in KPTL post-merger
- 100% stake
Kalpataru Ltd has approved the amalgamation of its step-down subsidiary, Kalpataru Hills Residency Private Limited (KHRPL), with its wholly-owned subsidiary, Kalpataru Properties (Thane) Limited (KPTL). This internal restructuring aims to streamline operations and reduce costs across the group. No cash consideration is involved, and Kalpataru Ltd will maintain a 100% stake in KPTL post-merger.
Not investment advice. For informational purposes only.