Kalpataru Projects promoter activity: Pledge creation and release update

KC Holdings Private Limited, a promoter of Kalpataru Projects International Limited (BSE: KPIL), announced it has created pledges over 1,082,172 equity shares and released pledges on 467,852 equity shares. The disclosure, made on May 5, 2025, complies with Regulation 31(2) of the SEBI Takeover Regulations. The company details several existing encumbrances, with corresponding pledge agreements dating back to February 2020. These encumbrances involve various financial institutions, including JM Financial, Aditya Birla Finance, Tata Capital Financial Services, and Bajaj Finance. The reasons cited for the encumbrances are primarily general corporate purposes of borrowing entities and repayment of debts. The total share capital of KC Holdings Private Limited is 57,243,787 shares and holds a total of 33.52% of Kalpataru Projects International Limited and further details regarding repayment and facility amounts are available for each financial encumberance from within the document.