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Kalpataru Projects International gets nod to raise Rs 150 crore via NCDs

25 Sep 2023 Evaluate

Kalpataru Projects International has received approval for the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of Rs 150 crore on private placement basis. The Executive Committee of the Board of Directors of the Company at its meeting held on September 25, 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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