Categories
Acquisition

NCLT approves merger of JMC with KPTL

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, […]

Categories
Executive Movements

Mofatraj P Munot appointed Non-Executive Chairman of Kalpataru Power Transmission

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 […]

Categories
Investment

JMC Projects (India) Ltd merges into Kalpataru Power Transmission Ltd

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 […]