Kalpataru projects international promoter pledges shares for loan facility

Sunita Vijay Choraria, a promoter and shareholder of Kalpataru Projects International Limited (KPIL), has pledged 150,000 equity shares, representing 0.0878% of the total share capital. The pledge, created on December 8, 2025, is in favor of Tata Capital Limited, and has a value of INR 17.325 crores. This encumbrance is part of a sanctioned loan-against-securities facility of INR 40 crores provided to Priyanka Finance Private Limited, with the loan amount not exceeding 50% of the value of pledged shares.

The pledged shares contribute to 24.57% of ms. choraria’s total promoter shareholding, which stands at 57,327,687 shares, or 33.57% of KPIL's total share capital as of September 30, 2025. This move is intended for the general corporate purpose of the borrower. The encumbered shares represent 8.25% of the total share capital, falling below the 20% threshold, and are less than 50% of the promoter's overall shareholding.

In a separate development, CFC Finlease Private Limited, a SEBI-registered ESG rating provider, assigned an environmental, social, and governance ("ESG") rating of "60" to Kalpataru Projects International Limited on December 10, 2025. This rating was assigned independently based on publicly available information.