Power Transmission Company Kalpataru Projects Raises ₹10 Billion in QIP

The QIP marks the company’s first equity raise in over a decade

December 20, 2024

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Kalpataru Projects International (KPIL), a Mumbai-based power transmission, and engineering, procurement, and construction company, has raised ₹10 billion (~$117.5 million) through qualified institutions placement (QIP) of shares.

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Gautamee Hazarika

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Power Transmission Company Kalpataru Projects Raises ₹10 Billion in QIP

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