India’s Kalpataru Power Transmission to mull Rs. 1 billion debentures

By Sarah Lizee

Olympia, Wash., Sept. 14 – Kalpataru Power Transmission Ltd. informed the Bombay Stock Exchange that the executive committee of its board of directors will meet on Tuesday to consider issuing Rs. 1 billion of unsecured redeemable nonconvertible debentures.

The listed and taxable debentures would be issued in a private placement, according to a notice.

The Mumbai-based diversified conglomerate is involved in real estate, power generation and transmission, construction of roads, factories, buildings and oil and gas infrastructure and agri-logistics.

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