Hot Pursuit     06-Jun-24
Kalpataru Projects gains as board to mull fund raising
Kalpataru Projects International jumped 5.44% to Rs 1,166.20 after the civil construction company announced that the executive committee of its board is scheduled to meet on 10 June 2024 to consider the proposal of fund raising.
The company will raise funds by way of issuance of non-convertible debentures (NCDs) through private placement basis.

Kalpataru Projects International (formerly known as Kalpataru Power Transmission) is a leading player in the domestic transmission and distribution (T&D) sector. The company undertakes turnkey contracts for setting up transmission lines and substations for extra-high-voltage power transmission. Over the years, it has diversified into civil contracts, railways, and oil and gas pipeline construction.

The company’s consolidated net profit rose 20.71% to Rs 169 crore on 22.30% increase in net sales to Rs 5,971 crore in Q4 FY24 over Q4 FY23.

Previous News
  Kalpataru Projects International consolidated net profit rises 41.98% in the June 2023 quarter
 ( Results - Announcements 11-Aug-23   15:19 )
  Kalpataru Projects International schedules board meeting
 ( Corporate News - 05-Jul-24   10:13 )
  Kalpataru Projects board to consider fund raising on Sept 25
 ( Hot Pursuit - 21-Sep-23   12:19 )
  KPIL bags orders worth Rs 1016 cr
 ( Corporate News - 29-Sep-23   18:44 )
  Kalpataru Power Transmission
 ( Results - Analysis 12-Feb-23   10:41 )
  Kalpataru Projects' Brazilian arm acquires balance 49% stake in Fasttel
 ( Hot Pursuit - 12-Jul-23   12:17 )
  Kalpataru Projects International schedules board meeting
 ( Corporate News - 28-Oct-23   17:25 )
  Kalpataru Power gains after being selected as preferred proponents for Australia's HumeLink project
 ( Hot Pursuit - 02-Mar-23   14:41 )
  Kalpataru Power Transmission to declare Quarterly Result
 ( Corporate News - 03-Feb-23   15:36 )
  Kalpataru Power Transmission consolidated net profit declines 15.91% in the December 2021 quarter
 ( Results - Announcements 11-Feb-22   17:38 )
  Kalpataru Projects International schedules AGM
 ( Corporate News - 19-Jun-24   15:05 )
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