Page 4 - Kalpataru
Markets entering a corridor of uncertainty; stay light: Angel Broking
Technically, the bullish structure remains intact as long as Nifty trades above 10,200-10,300
 "Markets entering a corridor of uncertainty; stay light: Angel Broking")
32 firms show interest in redevelopment of four railway stations
Nagpur, Gwalior, Amritsar, Sabarmati may see Rs 1,300-crore investment
 "32 firms show interest in redevelopment of four railway stations")
HDFC Capital invests Rs 275 cr in mid-income housing project of Kalpataru
First investment by fund manager in real estate after lockdown
 "HDFC Capital invests Rs 275 cr in mid-income housing project of Kalpataru")
Kalpataru Power to sell 3 transmission assets to CLP India for Rs 3,275 cr
Kalpataru Power Transmission (KPTL) Wednesday said it has entered into binding agreements with Canada's institutional fund manager CDPQ's arm CLP India to sell its stake in 3 power transmission assets for an estimated enterprise value of Rs 3,275 crore. The company is selling stake in Kalpataru Satpura Transco Pvt Ltd (KSTPL), Alipurduar Transmission Ltd (ATL) and Kohima Mariani Transmission Ltd (KMTL) (referred jointly as SPVs), Kalpataru Power Transmission said in a BSE filing. "As a part of this deal, the transaction for ATL and KMTL will be effective post commercial operation date (COD) and fulfilment of certain conditions," the company added. Techno Electric & Engineering Company Ltd (Techno) owns 26 per cent stake in KMTL. "The sale of assets will lead to a significant reduction in KPTL's consolidated debt and will help focus on strategic diversification within core business. KPTL will continue to focus on sustainable and profitable growth with commitment to improve return ..
 "Kalpataru Power to sell 3 transmission assets to CLP India for Rs 3,275 cr")