Kolte Patil Developers Ltd

Kolte-Patil Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/03/2025 inter alia to consider and approve Pursuant to Reg. 29(1) and 50(1) of SEBI LODR we wish to inform you that a meeting of the Board of the Company is scheduled to be held on Thursday 13 March 2025 inter alia to consider and evaluate the proposal for raising of funds by way of means permissible under applicable laws such as issue of equity shares/convertible bonds/debentures/ warrants/preference shares/any other equity linked securities and/or any other securities including through preferential issue on a private placement basis qualified institutional placement rights issue or any other methods or combinations thereof subject to such regulatory/statutory approvals as may be required including the approval of the shareholders of the Company and to approve such ancillary actions for the above mentioned fund raising as may be required.The Board would also consider convening an extra-ordinary general meeting to seek approval of the shareholders of the Company in respect of the aforesaid proposal as may be required.