JMC Projects has received approval to raise Rs 75 crore through issuance of 750 Unsecured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 10 lakh each divided in Series A Debentures and Series B Debentures on private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on October 13, 2022 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.
