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Board of Kalpataru Power Transmission approves proposal for issuance of NCDs up to Rs 100 cr

Capital Market 

At meeting held on 19 May 2017

Kalpataru Power Transmission announced that the Board of Directors of the Company at its meeting held on 19 May 2017 has approved the proposal for issuance of secured / unsecured redeemable non-convertible debentures upto Rs 100 crore by the Company in one or more tranches, subject to approval of shareholders. The Board has also appointed Subodh Jain as an Additional Director with effect from 19 May 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, May 20 2017. 11:44 IST