Kalpataru Projects confirms commercial paper utilization for Q2 2025

Kalpataru Projects International Limited has certified its compliance with SEBI regulations concerning the utilization of proceeds from commercial papers (CPs) for the second quarter of 2025. As per the announcement to the BSE, the company confirms that proceeds from CPs were used for stated purposes as outlined in disclosure documents. Further, the company adhered to listing conditions specified in Chapter XVII of SEBI Master Circular no. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024. The CPs, issued on February 18, 2025, and April 22, 2025, were duly redeemed on their respective maturity dates of May 19, 2025, and June 24, 2025. The certification was issued by Chief Financial Officer, Ram Patodia.