Kalpataru Projects International has received approval for the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of Rs 300 crore on private placement basis. The Executive Committee of the Board of Directors of the Company at its meeting held on June 10, 2024, has approved the same. NCDs will be listed on Wholesale Debt Market Segment of BSE. Coupon/interest rate offered is 8.35% per annum.
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.
