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Kalpataru Power to raise Rs 100 crore on private placement basis

16 Mar 2017 Evaluate

Kalpataru Power Transmission has received an approval for issuance of listed rated unsecured redeemable taxable Non-Convertible Debentures (NCDs) of Rs 100 crore on private placement basis. The Executive Committee of board of directors of the company at its meeting held on March 15, 2017 has approved for the same. The said NCDs will be listed on the Wholesale Debt Market Segment of BSE.

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



Peers
Company Name CMP
Larsen & Toubro 3867.50
Kalpataru Projects 1386.80
NCC 138.70
Rail Vikas Nigam 201.30
KEC International 411.00
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