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Kalpataru Power Transmission completes disinvestment of Kalpataru Satpura Transco

20 Nov 2019 Evaluate

Kalpataru Power Transmission has completed the sale of its entire stake in one of the subsidiary viz. Kalpataru Satpura Transco to CLP India on November 20, 2019 after obtaining the requisite regulatory and other approvals and compliance with condition precedents. Consequently, Kalpataru Satpura Transco ceased to be the subsidiary of the company effective November 20, 2019.

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 3858.00
Kalpataru Projects 1335.50
NCC 114.55
Rail Vikas Nigam 179.80
KEC International 329.65
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