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Kalpataru Projects International gets nod to raise Rs 300 crore through NCDs

22 Jun 2023 Evaluate

Kalpataru Projects International has received approval for issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of Rs 300 crore on private placement basis. The Board of Directors of the company at its meeting held on June 21, 2023 has approved the same.

Kalpataru Projects International (formerly known as 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.


Peers
Company Name CMP
Larsen & Toubro 3773.00
Kalpataru Projects 1452.60
NCC 128.45
Rail Vikas Nigam 198.80
KEC International 375.10
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