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
  Board of Kalpataru Projects International to consider NCD issuance
 ( Corporate News - 20-Sep-23   17:56 )
  Kalpataru Projects bags new orders worth Rs 2,071 crore
 ( Hot Pursuit - 28-Mar-24   12:38 )
  Kalpataru Projects gains after bagging orders worth Rs 2,217 crore
 ( Hot Pursuit - 16-Oct-23   09:39 )
  Kalpataru Projects International wins orders of Rs 2071 cr
 ( Corporate News - 28-Mar-24   09:06 )
  Kalpataru Power Transmission receives affirmation in credit ratings
 ( Corporate News - 03-Mar-22   20:30 )
  Kalpataru Power Transmission revises record date for interim dividend
 ( Market Beat - Reports 04-Feb-21   09:08 )
  Kalpataru Projects gains as board OKs NCD issue of Rs 300 cr
 ( Hot Pursuit - 10-Jun-24   16:09 )
  Kalpataru Power Transmission
 ( Results - Analysis 10-May-23   10:38 )
  Kalpataru Power Transmission
 ( Analyst Meet / AGM - Conference Call 12-Nov-22   12:05 )
  Kalpataru Power Transmission EGM scheduled
 ( Corporate News - 09-Aug-22   15:26 )
  Kalpataru Power and its subsidiaries receive orders worth Rs 1842 cr
 ( Corporate News - 29-Jul-22   09:14 )
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