JMC Projects has received approval for the issuance of Unsecured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) of Rs 100 crore on private placement basis. The Management Committee of the Board of Directors of the Company at its meeting held on October 18, 2022 has inter alia 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.