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

01 Feb 2024 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 February 1, 2024 has approved the same. 

Kalpataru Projects International 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 3740.00
Kalpataru Projects 1378.95
NCC 128.70
Rail Vikas Nigam 196.70
KEC International 370.45
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