Kalpataru Projects International Limited
Kalpataru Power Transmission Ltd is a global EPC player with diversified interest in power transmission and distribution, oil and gas pipeline, railways and biomass based power generation.
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The subsidiary of Kalpataru Projects International Limited has approved an initial public offering of shares held in its step-down subsidiary, Linjemontage I Grästorp AB, along with a listing on Nasdaq Stockholm. The offering values the subsidiary at up to approximately SEK 2,350 Million (2,324 Crore INR).
Kalpataru Projects International (KPIL), through its subsidiary LMG AB, has established LM Operation Center India Private Limited as a 100% owned step-down subsidiary for Rs. 1.5 Cr. This strategic move creates an operation center in India. The goal is to significantly enhance LMG AB’s project and engineering execution capabilities, signaling...
Kalpataru Projects International (KPIL) has completed the acquisition of the remaining 35% equity stake in Kalpataru Projects Arabia Company (formerly KIOCL) for SAR 10 Million. This strategic move transforms Kalpataru Projects Arabia into a wholly-owned subsidiary, significantly strengthening KPIL's presence and operational footprint within the Saudi Arabian market. The acquired...
Kalpataru Projects International (KPIL) is acquiring the remaining 35% stake in its Saudi Arabian joint venture, Kalpataru IBN Omairah Company (KIOCL), for SAR 10 Million. This makes KIOCL a wholly-owned subsidiary, a strategic move to solidify KPIL's presence in the Kingdom's Power Transmission, Distribution, and Substation EPC market. While KIOCL...
Linjemontage Service Nordic AB, a wholly-owned step-down subsidiary, is merging with its parent company, Linjemontage i Grästorp Aktiebolag. This merger aims to simplify administration and strengthen financial positioning, allowing for greater project opportunities. LMG Service reported gross revenues of approximately INR 184.99 Cr and a net worth of INR 29.11...