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Kalpataru Projects International raises Rs 300 crore through NCDs

28 Jun 2023 Evaluate

Kalpataru Projects International has raised Rs 300 crore by allotment of 30,000 Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of the face value of Rs 1,00,000 each on private placement basis. The said NCDs will be listed on Wholesale Debt Market Segment of BSE. 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 3872.00
Kalpataru Projects 1391.60
NCC 139.20
Rail Vikas Nigam 202.00
KEC International 408.55
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