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 12-May-24   07:43 )
  Kalpataru Power Transmission receives affirmation in credit ratings
 ( Corporate News - 03-Mar-22   20:30 )
  Kalpataru Power rises after Q2 PAT jumps 18% YoY to Rs 98 cr
 ( Hot Pursuit - 11-Nov-22   13:25 )
  Volumes spurt at Interglobe Aviation Ltd counter
 ( Hot Pursuit - 11-Mar-24   14:30 )
  Kalpataru Power Transmission to hold AGM
 ( Corporate News - 30-Jun-22   15:43 )
  Kalpataru Power Transmission consolidated net profit rises 142.52% in the December 2020 quarter
 ( Results - Announcements 14-Feb-21   08:52 )
  Board of Kalpataru Power Transmission to consider fund raising via NCD issue
 ( Corporate News - 30-Dec-21   14:32 )
  Kalpataru Power rises as board OKs NCD issue of Rs 99 cr
 ( Hot Pursuit - 08-Dec-22   14:50 )
  Kalpataru Projects International schedules AGM
 ( Corporate News - 19-Jun-24   15:05 )
  Volumes jump at IIFL Finance Ltd counter
 ( Hot Pursuit - 22-Apr-21   11:00 )
  Kalpataru Power sizzles on deal to sell power transmission asset to Adani
 ( Hot Pursuit - 06-Jul-20   10:56 )
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