Kalpataru Power stock climbs as board approves NCDs issuance worth ₹99 cr
- The NCDs have a face value of ₹10 lakh each. The issue will be listed on the Wholesale Debt Market and BSE. The date of allotment of debentures is set on December 9, 2022.
Kalpataru Power on Thursday received board of directors approval for fundraising of ₹99 crore through the issuance of non-convertible debentures (NCDs). The issue will be on private placement. On exchanges, Kalpataru Power shares rallied as investors turned upbeat.
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