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The unsecured, rated, listed, redeemable NCDs having face value of Rs 1 lakh each and has a coupon rate of 8.07% p.a. The deemed date of allotment is 29 June 2023.
The debentures will be listed on Wholesale Debt Market Segment of Bombay Stock Exchange (BSE).
Kalpataru Projects International 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 jumped 45.8% to Rs 156 crore on 18.1% rise in net sales to Rs 4,882 crore in Q4 FY23 over Q4 FY22.
The scrip declined 0.22% to Rs 533.50 on the BSE.
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