MoneyWorks4Me

Kalpataru Power Transmission to raise up to Rs 300 crore in one or more tranches

30 May 2016 Evaluate

Kalpataru Power Transmission (KPTL), a leading global EPC player in the power & infrastructure contracting sector has received an approval for issuance of secured / unsecured redeemable Non Convertible Debentures (NCDs) up to Rs 300 crore in one or more tranches. The board of directors at its meeting held on May 28, 2016 has approved for the same.

Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission and distribution, oil and gas pipeline, infrastructure development, civil contracting and warehousing and logistics business with a strong international presence in power transmission and distribution.


Peers
Company Name CMP
Larsen & Toubro 3869.70
Kalpataru Projects 1391.60
NCC 139.40
Rail Vikas Nigam 202.10
KEC International 409.00
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