Page 2 - Kolte Patil AR 2019-20
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Disclaimer: Certain statements in this communication may be ‘forward looking statements’ within the meaning of
            applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other
            factors that could cause actual results to differ materially from those suggested by the forward-looking statements.
            Important developments that could affect the Company’s operations include changes in the industry structure, significant
            changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour
            relations.  Kolte-Patil Developers Limited (KPDL) will not be in any way responsible for any action taken based on such
            statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events
            or circumstances.


            Corporate snapshot 02
            Milestone and achievements 04
            How Kolte-Patil has reinforced its Anti-Fragile positioning over the years 12
            Governance and Kolte-Patil 16
            The Chairman’s overview 20
            The CEO’s review 22
            6 ways we built a stronger Company through the challenges of the last few years 24
            Our business model and stakeholder value creation report, FY20 44
            How Kolte-Patil has built its business 46
            Kolte-Patil’s stakeholder value-creation strategy 48
            Kolte-Patil. Transforming customer lives 50
            Kolte-Patil. The responsible corporate citizen 52
            Environment, health and safety at Kolte-Patil 53
            Management discussion and analysis 54
            Statutory section 64
            Financial statements 118
            Notice 233

            Abbreviations used in the Annual Report
            IOD: Intimation of Disapproval or Authorisation (first permit for construction); key
            approval or milestone in redevelopment projects
            OC: Occupation Certificate (facilitating apartment handover)
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