JMC Projects has raised Rs 75 crore through allotment of 750 Repo Rate, Unsecured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each divided in Series A Debentures (375 Nos.) and Series B Debentures (375 Nos.) on private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on October 17, 2022 has allotted 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.
