Additions to the Board:

The Board of Directors of the company, during the meeting held on 11 November 2025, have appointed Ms. Avani Davda as an Additional Director (Non‐Executive, Independent) subject to shareholders’ approval. Ms. Davda is an accomplished business leader with over two decades of experience and has held leadership and board positions in companies across real estate, consumer, retail and hospitality sectors with a proven track record of implementing business strategy. Currently, she is strategic advisor at Bain Advisory Network and has led several projects in retail and consumer sector across Asia. She is also on the board of Emami Ltd, Mahindra Logistics among others. Some of the companies where she has held leaderships positions in the past include Tata Starbucks, Tata Consumer Products Ltd. & its subsidiaries (TCPL), The Indian Hotels Company Ltd. (TAJ Hotels), Infiniti Retail (Croma) and Godrej Nature’s Basket. Her achievements have been recognized internationally, including being featured in Fortune US’s annual global list of ‘40 Under 40 Leaders’ in 2013.

In August 2025, the company announced the induction of three senior Blackstone executives to its board as Directors (Non-Executive, Non-Independent) – Mr. Tuhin Parikh, Vice Chairman of Real Estate (Asia) and Executive Chairman of Real Estate (India); Mr. Asheesh Mohta, Senior Managing Director and Head of Real Estate (India); and Mohit Arora, Managing Director in the Real Estate Group (India).

Leadership Changes: 

Further, the company today also announced changes to its senior leadership. Group CEO Mr. Atul Bohra has resigned effective from the closure of business hours of November 11, 2025. The Board is taking steps to identify a new CEO. Mr. Rajesh Patil, Managing Director, will continue to lead the business. The Company and Board appreciate Mr. Bohra’s contributions and wish him the very best in his future endeavors.

The company has appointed Mr. Anil Dwivedi as Chief Development Officer and he will assume responsibilities later this month. He has had an illustrious career spanning over 30 years in the Indian real estate and construction industry. His professional journey reflects a consistent trajectory of progressive leadership, having led the end-to-end delivery of over 30 million sq. ft. of projects across residential, commercial, retail, hospitality, institutional, industrial, and warehousing sectors. Before joining Kolte-Patil Developers he was with Colliers as Managing Director – Western India Project Management.

The company has appointed Mr. Vishal Mariya as the Group Chief Human Resources Officer. Mr. Mariya has over 18 years of experience in building people-centric organizations, driving cultural transformation, and fostering leadership excellence at companies operating in industries as diverse as

FMCG, Real Estate, Manufacturing and EPC. Before joining Kolte-Patil Developers he worked as Vice- President, Human Resources at KEC International Ltd. His tenures at companies like CEAT Tyres, Raychem RPG, Godrej Properties and Godrej Consumer Products reflect his deep domain expertise.

The revamped governance structure will enable the company steer growth, blending the promoter’s proven execution track record combined with Blackstone’s global expertise across asset classes.

Commenting on the developments, Mr. Rajesh Patil, Managing Director, Kolte-Patil Developers, said, “The Board and leadership changes underscore our ambitions for the future as well as our unwavering commitment to building a strong management team. Our resilient performance over the years has helped build a strong portfolio of projects in Pune, Mumbai, and Bengaluru. Now, with the transformative backing of Blackstone and healthy financials, Kolte-Patil Developers is poised for its next stage of growth.”

Mr. Asheesh Mohta, Head of Real Estate (India), Blackstone, and Member of the Board of Directors, Kolte-Patil Developers Ltd., said, “We are excited about our investment and strategic partnership with Kolte-Patil Developers. This is an extraordinary opportunity with tremendous growth potential. Our collaboration represents a long-term commitment to India’s real estate sector, combining Kolte-Patil’s proven execution capabilities with Blackstone’s global expertise. The enhancements to the Board and leadership structure will empower the company to seize emerging opportunities, accelerate its growth trajectory, and achieve our shared vision of building one of the most impactful and respected platforms in the industry.”

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Annual Sales at Rs. 2,791 crore

Highest-ever Annual collections at Rs. 2,432 crore Launched projects with GDV of Rs. ~4,000 crore during FY25 

Bengaluru, April 18 2025: Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), a leading Pune based real estate player with a growing presence in Mumbai and Bengaluru, has announced key updates on its real estate operations during the quarter and full year ended 31st March 2025.

Summary of operational performance:

Collections include contribution from DMA projects

·         Achieved annual sales of Rs. 2,791 crore in FY25

o    Launched projects with a total GDV of Rs. 4,000 crore

o    ~42% of the total pre-sales value for FY25 came from new launches

o    Sustaining the sales momentum, KPDL’s flagship project Life Republic (LR) registered

sales volumes of 1.9 million sq. ft. in FY25

·         Recorded milestone collections of Rs. 2,432 crore during FY25, marking a growth of 18% YoY

·         During FY25, average realizations at Rs. 7,758 per square foot improved 8% YoY owing to higher realizations across projects demonstrating strong brand recognition for quality and delivery.

Commenting on the performance, Mr. Atul Bohra, Group CEO, Kolte-Patil Developers Limited said, “During FY25, we recorded milestone collections of Rs. 2,432 crore, reinforced by operating efficiency, strong registrations, sales, construction and customer engagement. Sales at Rs. 2,791 crore remained muted, impacted by delay in the planned project launches. New launches contributed

The post Kolte-Patil Developers Limited – Operational Update for Q4 & FY25 appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, December 13, 2024: Kolte-Patil Developers Limited (KPDL), a trusted real estate developer with a strong presence across Pune, Mumbai, and Bengaluru, announced its foray into the Navi Mumbai market with the launch of mixed-use development project ‘La Vita’ in the heart of sector 2, Vashi. Blending spacious residences with prime retail spaces, ‘La Vita’ is crafted to transform the experience of urban living and commerce. The project spans over one-acre land parcel featuring spacious 2BHK apartments offering one of the largest configurations available in Vashi and prime retail spaces. The project has an expected Gross Development Value (GDV) of Rs. 300 crore.

The post Kolte-Patil Developers Makes Its Landmark Debut in Navi Mumbai with Premium Redevelopment Project ‘La Vita’  appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.