Kalpataru Power Transmission Limited (KPTL) announced the appointment of Shailendra Kumar Tripathi as an Additional Director on the company’s Board of Directors. According to the company’s exchange filing, “we wish to inform you that the Board of Directors (the “Board”) of Kalpataru Power Transmission Limited (the “Company”) at its meeting held today, has, at the…
The Ahmedabad Bench of the Hon’ble National Company Law Tribunal approved the scheme of amalgamation of JMC Projects (India) Limited (JMC) with Kalpataru Power Transmission Limited (KPTL). The combined entity will have a significant presence in India and projects in 67 countries, with offerings in well-diversified areas of power transmission & distribution, buildings & factories,…
Kalpataru Power Transmission Limited announced it has appointed Mofatraj P. Munot as Non-Executive Chairman of the company. According to the exchange filing, the company said, “the Board of Directors of the Company at its meeting held yesterday i.e. 22nd March 2022, after reviewing the letter received from Mr. Mofatraj P. Munot, and given the significant…
The Board of Directors of Kalpataru Power Transmission Ltd. (KPTL) and JMC Projects (India) Ltd. (JMC) in their respective meetings held on 19th February 2022 have approved the scheme of amalgamation which inter alia provides for the merger of JMC with KPTL (Scheme). This merger brings together two leading organizations with unique sets of capabilities…
Kalpataru Power Transmission Ltd (KPTL) said its wholly owned subsidiary in Brazil has signed a definitive agreement to acquire 51 per cent stake in Fasttel Engenharia Ltd in the South American country, for USD 8.80 million (over Rs 64 crore). According to regulatory filing, “Kalpataru Power do Brasil Participacoes Ltda has signed a definitive agreement…