Kolte-Patil Developers has updated its Memorandum of Association (MoA) following the approval of a merger with its wholly owned subsidiary, Kolte-Patil Integrated Townships Limited. The changes take effect from October 31, 2025, as per an order by the National Company Law Tribunal (NCLT), Mumbai.
The real estate developer informed the stock exchanges that the amalgamation has led to an increase in authorised share capital. The update is part of the procedural compliance after the merger, with the company confirming there is no change in the Articles of Association.
The integration is aimed at strengthening operational efficiencies and consolidating real estate development projects under a single entity. The move also reflects the company’s ongoing strategic alignment to scale township and integrated development projects.
Kolte-Patil remains focused on its core markets across Pune, Bengaluru and Mumbai Metropolitan Region (MMR), and the capital structure enhancement positions the firm for future growth in its residential and mixed-use development pipeline.
