Kalpataru Power | inves4: Investing, News, Financial Planning

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KPTL decides to consolidate. To merge JMC, a subsidiary.

February 19, 2022

Kalpataru Power Transmission (KPTL) has announced to merge it’s subsidiary, JMC Projects with itself. Key points to note – KPTL currently owns 67.75% of JMC. It’s an equity merger and ... Read more

Recently inaugurated Ghatkopar-Mankhurd flyover built by JMC Projects faces questions on quality. BMC defends the quality.

September 2, 2021

The flyover was opened on August 1, 2021 after a significant delay (started in 2016 and was originally scheduled to complete by January 2019). These kind of delays are quite ... Read more

Kalpataru Power tries to get away with a related party transaction and then deferred it

December 8, 2020

Kalpataru Power (KPTL) on December 8, 2020 announced a new corporate office capex of Rs 377 crore, which included a Rs 207 crore land purchase from a group entity. It’s ... Read more

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