SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NCLT approves merger of JMC with Kalpataru Power Transmission

22 Dec 2022 Evaluate

National Company Law Tribunal (NCLT) has approved the scheme of amalgamation of JMC Projects (JMC) with Kalpataru Power Transmission (KPTL), leading to the creation of one of India’s large listed diversified engineering and construction company with combined order visibility of nearly Rs 43,000 crore.

The combined entity will have a significant presence in India and projects in 67 countries, with offerings in well-diversified areas of power transmission & distribution, buildings & factories, water, railways, oil & gas and heavy civil infrastructure. The combined entity will bring together diverse capabilities and the ability to pursue accelerated growth.

The Board of Directors of KPTL and JMC approved the scheme of amalgamation in February 2022. Pursuant to the Scheme, JMC’s shareholders (other than KPTL) will be allotted one share of KPTL for every four shares held by them in JMC.

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.

Kalpataru Projects Share Price

1232.90 27.40 (2.27%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×