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
 ( Results - Analysis 06-Nov-23   07:45 )
  Kalpataru Projects gains as board OKs NCD issue of Rs 300 cr
 ( Hot Pursuit - 10-Jun-24   16:09 )
  Kalpataru Projects International schedules board meeting
 ( Corporate News - 28-Oct-23   17:25 )
  Kalpataru Projects International to issue NCDs of Rs 300 cr
 ( Corporate News - 10-Jun-24   12:34 )
  Kalpataru Projects gains after bagging orders worth Rs 2,445 crore
 ( Hot Pursuit - 14-Mar-24   11:43 )
  Kalpataru Projects slips after recording 8% YoY drop in Q2 PAT; order book at Rs 47,040 crore
 ( Hot Pursuit - 03-Nov-23   13:02 )
  Kalpataru Power rises on winning orders worth Rs 1,290 crore
 ( Hot Pursuit - 04-Nov-22   11:59 )
  KPIL receives LoI from Aramco
 ( Corporate News - 05-Mar-24   09:54 )
  Board of Kalpataru Projects International approves NCD issuance up to Rs 300 cr
 ( Corporate News - 11-Aug-23   13:59 )
  Kalpataru Projects International fixes record date for final dividend
 ( Market Beat - Reports 22-Jun-23   11:17 )
  Kalpataru Projects' Brazilian arm acquires balance 49% stake in Fasttel
 ( Hot Pursuit - 12-Jul-23   12:17 )
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