Kalpataru Power Transmission has received an approval to raise funds through issuance of Zero Coupon Listed Rated Unsecured Redeemable Taxable Non-Convertible Debentures (NCDs) of Rs 100 crore on private placement basis. The said NCDs shall be listed on the Wholesale Debt Market Segment of the BSE. The Board of Directors of the company at their meeting held on September 11, 2018, approved the same.
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.