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Kalpataru Power raises Rs 200 crore via NCD issue

Torrent Power to purchase 51% stake in Dadra and Nagar Haveli, Daman and Diu Power Distribution Corporation
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Torrent Power to purchase 51% stake in Dadra and Nagar Haveli, Daman and Diu Power Distribution Corporation

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

In a regulatory filing, the company said it has raised Rs 200 crore through the allotment of 2,000 NCDs of the face value of Rs 10,00,000 each on private placement basis. The NCDs will be listed on the wholesale debt market segment of BSE Limited, the filing added.

Dwaipayan Bhattacharjee
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