JMC Projects has received approval from board of directors for issuance of Unsecured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) of Rs 99 crore on private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on December 09, 2021 has approved the same.
JMC Projects, a subsidiary of Kalpataru Power Transmission, is India’s one of the leading contracting company. The company is mainly engaged in the construction of industrial and residential buildings and also power and infrastructure development projects.