Page 2 - Kalpataru Power Transmission

NCLT approves merger of Kalpataru Power Transmission, JMC Projects

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said the National Company Law Tribunal has approved the merger of JMC Projects (India) Ltd with the firm, making it one of the country's largest listed engineering and construction companies. The combined entity will have a significant presence in India and projects in 67 countries, with offerings in well diversified areas of power transmission and distribution, buildings and factories, water, railways, oil and gas and heavy civil infrastructure. "Ahmedabad Bench of National Company Law Tribunal today approved scheme of amalgamation of JMC Projects (India) Ltd (JMC) with KPTL, leading to the creation of one of India's large listed diversified engineering and construction company with combined order visibility of nearly Rs 43,000 crores," a company statement said. The Board of Directors of KPTL and JMC approved the scheme of amalgamation in February 2022. Pursuant to the scheme, JMC's shareholders (other than KPTL) will be allotted

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Kalpataru Power rallies 9% on board nod for Rs 99-crore fund raise via NCDs

A total of 990 NCDs of face value of Rs 10 lakh each will be issued at a coupon rate of 8.46 per cent under the fundraising plan

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Kalpataru Power bags Rs 1,345 cr orders for pipeline, metro electrification

Kalpataru Power Transmission Ltd (KPTL) on Tuesday said the company and its international subsidiaries have secured new orders worth Rs 1,345 crore. In a regulatory filing KPTL said, the company and its international subsidiaries have secured new orders/notification of awards of Rs 1,345 crore. The company has bagged the said orders in India and in the overseas market in the transmission and distribution (T&D) business, the filing said. The filing further said that the orders are for pipeline laying works secured in joint ventures or in consortium. Some of the orders are for Metro Rail Electrification in India secured in joint ventures or in consortium. "We are pleased with the new order wins secured across our business verticals. The order wins in the T&D and pipeline business help us to further consolidate our order book and establish leadership in key markets," said Manish Mohnot, Managing Director & CEO, KPTL. Mohnot further said that the second metro rail ...

Kalpataru Power surges 9% on securing orders worth Rs 1,345 crore

Analysts at Emkay Global Financial Services believe improving inflow and lower raw-material cost will imply better earnings for KPTL in the coming times.

Kalpataru Power Transmission, its arms bag orders worth Rs 2,290 crore

Kalpataru Power Transmission Ltd and its arms have bagged new orders worth Rs 2,290 crore. Kalpataru Power Transmission Limited (KPTL), a leading global EPC (engineering, procurement and construction) player in the power and infrastructure contracting sector, and its subsidiaries have secured new orders/notification of awards of Rs 2,290 crore at a consolidated level, a company statement said. These include orders from international markets in the power transmission business of Rs 1,416 crore. The company and its subsidiaries also won orders for the construction of an elevated viaduct and five elevated stations of the Kanpur Metro Rail Project, civil works for a data centre and B&F (buildings and factories) projects in India totalling Rs 874 crore. "We are delighted with the traction in new order wins in our T&D, Urban Infra and B&F business. The new orders secured over the past few months will help us to further diversify our global reach and improve our order mix across

KPTL and its subsidiaries secure new orders worth Rs 4,474 crore

The company received oil and gas pipeline projects in India and the Middle East worth Rs 169 crore

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Kalpataru Power Transmission net dips 15.9% to Rs 259 cr in Dec quarter

Kalpataru Power Transmission Ltd (KPTL) on Friday reported a 15.9 per cent drop in its consolidated net profit at Rs 259 crore for the three months to December.

Kalpataru Power raises Rs 200 cr via issuing non-convertible debentures

Kalpataru Power Transmission Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).

Kalpataru Power Transmission bags new orders worth Rs 1,560 crore

Kalpataru Power Transmission Ltd on Thursday said that it has bagged new orders worth Rs 1,560 crore. "Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has secured new orders/notifications of award of Rs 1,560 crores," the company said in a statement. According to the statement, the orders include those from India, Africa, CIS and South America in the power transmission business. Besides, KPTL's international subsidiary has secured new power transmission projects in Europe. Manish Mohnot, MD and CEO, KPTL said: We are delighted with the new order wins, especially that all these orders are in our core power T&D business. These orders in the T&D business reaffirms our confidence in the strong growth of this business going forward. With reduced volatility and good visibility across all our businesses, we are confident to reach our targeted margin and build a strong order book.

Kalpataru Power jumps 7% on securing orders worth Rs 1,560 crore

The stock had been a under-performer so far this month and quarter when compared to the BSE Sensex returns.

Kalpataru Power Transmission Q1 net jumps nearly 3-fold to Rs 78 cr

Kalpataru Power Transmission Ltd (KPTL) on Tuesday reported a nearly three-fold jump in consolidated net profit to Rs 78 crore for the June quarter, mainly on the back of higher revenues.

Kalpataru Power Transmission bags fresh orders worth Rs 625 crore

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 625 crore in domestic and overseas markets. The company said it has won orders in power transmission and railways business. In a regulatory filing, Kalpataru Power Transmission said it has secured new orders/notification of award of about Rs 625 crore. The company said it has won orders from Africa in the power transmission business and an order for railway electrification in India. KPTL's international subsidiary has also secured new power transmission projects in Europe. KPTL Managing Director and CEO Manish Mohnot said: "The new orders in the transmission and distribution (T&D) business provide us with a strategic entry in a new country in the African market, demonstrating sheer focus on strengthening our presence in key markets". Mohnot said the company's order wins for 2020-21 has reached around Rs 8,500 crore at standalone level and has exceeded Rs 16,000 crore at consolidated ...

Kalpataru Power Transmission bags orders worth Rs 1,554 cr

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has won orders worth Rs 1,554 crore. Theorders include those from India, CIS and Latin America in the power transmission business, KPTL said in a statement. Besides, KPTL's international subsidiary has secured new power transmission projects in Europe. "These new order wins help us to strengthen our power transmission order book in India and overseas market. Our current year order inflow has reached around Rs 8,000 crore and additionally we have good visibility across all our businesses. Our order book visibility with low debt gives us confidence of growth from long-term perspective," KPTL Managing Director and CEO Manish Mohnot said. KPTL is a specialized engineering, procurement, construction (EPC) company in India engaged in power transmission and distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business. The company is currently executing ...

Kalpataru Power Transmission secures new orders worth Rs 900 crore

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 900 crore in the domestic and overseas markets. The company said it has won orders in the T&D (transmission and distribution) business from the overseasmarket. In a regulatory filing, Kalpataru Power Transmission Ltd said it has secured new orders/notification of award of about Rs 900 crore. KPTL said it has also bagged engineering, procurement and construction orders for pipeline laying and associated works in India. KPTL Managing Director and CEO Manish Mohnot said: "Our current year order inflow is in excess of Rs 5,400 crore and we are favourably placed in projects of over Rs 2,000 crore. We continue to be on track to achieve our targeted numbers for the current financial year". Shares of Kalpataru Power Transmission Ltd were trading 2.63 per cent higher at Rs 316.05 apiece on BSE in morning session.

Kalpataru Power drops plan for new Mumbai office, cites 'investor feedback'

KPTL had said the plans for the new office in Santa Cruz involved purchasing land for Rs 207 crore

Kalpataru Power dips 15% in 2 days after capex plan for office construction

The board has approved capital expenditure of approximately Rs 207 crore towards the purchase of land and will further incur approximately Rs 170 crore towards other expenses.