Kolte-Patil Developers Ltd — Capital/Financing Update 2022

Aug 10, 2022

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To, The Assistant Manager, National Stock Exchange of India Limited Listing Department, 'Exchange Plaza' , Bandra Kurla Complex, Bandra (East), Mumbai- 400051

To, The General Manager, BSE Limited Corporate Relationship Department, 1st floor, Phiroze Jeejeebhoy Towers, DalalStreet, Mumbai- 400001

10 August 2022

Sub: Outcome of Board Meeting held on 10 August 2022

Ref: NSE Symboland Series: KOLTEPATTL and EQ BSE Code and Scrip Code: 9624 and 592924

Dear Sir/Madam,

The Board of Directors of the Company in their meeting held on Wednesday, 10 August 2022has considered and approved to make investment in Sampada Realities Private Limited.

The details of acquisition pursuant to Regulation 30 read with Schedule lll of SEBI (Listing Obligations and Disclosures Requirement) Regulations ,2015 is annexed as Annexure A.

This is for your information and record.

Thanking you,

For K9r(e-Patil Developers Limited

Company Secretary and Compliance Officer Membership No. A13258

Encl:As above

Esfr{qt;*::;,.,,. ,, KOLTE-PATIL DEVETOPERS LTD.

CIN I 1452OOPN1991 PLCl 29428

Pune Regd Off r 2nd Floor, City Point, Dhole Patil Road, Pune - 411 001. Maharashtra, India Tel,: +91 20 6622 6500 Fu : *91 20 6622 ⁶⁵¹¹ Bangalore Off ; l2l, The Estate Building, l0th floor, Dickenson Road, Bangalore - 560042 , India Tel ,: 80 . 4662 4444 t22243135 I 2224 2803 Web : www.koltepatil,com NI Yage I lL

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Annexure A

Creation. not construction.
Sr. No.	Particulars	Details
1	Name of the target entity Details in brief	Sampada Realities Private Limited ("Sampada") CIN: U45202PN2007PTC1 30008
		Business: Construction and development of real estate projects
2	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? lf yes, nature of interest and details thereof and whetherthe same is done at "arms length"	No
3	Industry to which the entity being acquired belongs	Construction and development of realestate projects
4	objects and effects of acquisition	Acquisition of real estate project through purchase of stake and after purchase of stake, Sampada will become subsidiary of the ComPanY.
5	Brief details of any governmental or regulatory approvals required for the acquisition	Not applicable
6	Indicative time period for completion of the acquisition	As Agreed between Parties.
7	Nature of consideration - whether cash consideration or share swap and details of the same	Cash consideration
8	eost of acquisition or the price at which the shares are acquired;	ns. OSSg Crores for purchasing 84'37o/o Stake
I	Percentage of shareholding / control acquired and / or number of shares acquired	84.37% stake
10	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years	Line of BLlstness: Construction and development of realestate projects
	turnover, country in which the acquired entity	Date of incorporation: 19 April 2007
	has presence and any other significant information (in briefl TIA @J tl	Turnover: 31 -03-2022: Rs. 4990 Lakhs (unaudited) 31-03-2021: Rs. 626 Lakhs 31-03-2020: Rs. 1557 Lakhs
t
ffi KOLTE.PATI L DEVELOPERS LTD. CIN : 145200PN1 991 PLCl 29428
i 2nd . 411 001. Maharashtra, lndia Tel.: +91 20 6622 6500 Fu : *91 20 6622 6511 Floor, City Poinr, Dhole Patil Road, Pune Pune

Bangalore Off : 121, The Estate Building, 1fth floor, Dickenson Road, Bangalore- 560042 , India Tel ,' 80-4662 MM 12224313512224 2803 Web : ww,koltepatil.com n nl0 rag€ "1" Floor, City Poinr, Dhole Patil Road, Pune Pune . 411 001. Maharashtra, lndia Tel.: +91 20 6622 6500 Fu : *91 20 6622 ⁶⁵¹¹