Kalpataru powers on with QIP issue AZB Luthra CC advice

Kalpataru Power Transmission have managed to raise Rs. 450 crore ($100 million) through the issue of 4 million equity shares at Rs. 1,075 ($ 24) each share. The Gandhinagar-based company is one of the global leaders of turnkey projects for transmission lines up to 800 KV, with presence in real estate, civil contracting, international trading and consumer goods and services sectors.