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Kalpataru Projects International’s Promoters sell 6% stake of company

31 May 2023 Evaluate
Kalpataru Projects International’s (KPIL) Promoters have divested 6 per cent of their stake in the firm for Rs 468 crore through open market transactions. Parag Mofatraj Munot (promoter) and two promoter group entities -- Kalpataru Constructions and Kalpataru Viniyog LLP -- offloaded 96.34 lakh shares of Kalpataru Projects International.

According to the bulk deal data available with the BSE, Munot sold 73.24 lakh shares, Kalpataru Constructions disposed of 10 lakh shares and Kalpataru Viniyog offloaded 13.10 lakh shares, amounting to a 5.9 per cent stake in KPIL.

The shares were disposed of in the range of Rs 485.06-485.75 apiece, taking the transaction value to around Rs 468 crore. Post this latest transaction, the combined shareholding of the promoter and promoter group entities has reduced to 41.31 per cent from 47.24 per cent (as per March 2023) equity in KPIL.

Kalpataru Projects International was earlier known as Kalpataru Power Transmission.

Kalpataru Projects Share Price

1274.45 -32.60 (-2.49%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3973.60
Rail Vikas Nigam 305.00
NCC 169.85
KEC International 598.10
Kalpataru Projects 1274.45
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