Kalpataru Raises Rs.15 Million via NCDs

09 Feb 2024 CW Team

In a significant financial move, Kalpataru Projects International has successfully raised Rs 150 crore (equivalent to ?15 million) through Non-Convertible Debentures (NCDs). This funding infusion is aimed at bolstering the company's efforts in the realm of urban infrastructure development. The decision to opt for NCDs as a financial instrument underscores the company's strategic approach to diversifying its capital structure.

The raised capital will be instrumental in advancing ongoing urban infrastructure projects, fostering sustainable development, and contributing to the enhancement of overall urban living standards. This financial manoeuvre positions Kalpataru Projects International for continued growth and resilience in the dynamic landscape of construction and infrastructure.

This move aligns with the company's commitment to innovation and sustainable urban development. The successful fundraise reflects confidence from investors in Kalpataru Projects' vision and strategic direction. As the urban infrastructure sector continues to evolve, this financial injection equips the company to play a pivotal role in shaping the future of urban spaces.

Infrastructure Urban

07 Oct 2025

Greta Minerals Doubles WA Exploration Land, Targets Lithium Supply for India

Greta Minerals Pte, part of Singapore-based Greta Group, has expanded its exploration footprint in Western Australia to 1,550 sq km, up from 700 sq km acquired in 2024.Nitesh Chaudhari, Chairman of Greta Group, said, “We are very happy to expand our landholding, encouraged by initial results from Ultrafine+ soil sampling at Gecko North. The geological corridor appears promising for lithium, gold, and other critical minerals.”The Gecko North Project, 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty, which now holds 37 gra..

Vedanta Extends Demerger Deadline to March 2026 Amid Pending Approvals

Vedanta, led by Anil Agarwal, has extended the deadline for its corporate demerger to March 31, 2026, as approvals from the National Company Law Tribunal (NCLT) and relevant government authorities are still pending, the company said in a regulatory filing. The deadline had earlier been extended from March 31, 2025, to September 30, 2025.The board stated, “Given that the conditions precedent in the Scheme, including NCLT approval and approvals from certain government authorities, are still in process, the timeline for fulfilment of these conditions has been extended to March 31, 2026.” The ..

MOIL Achieves Record September Production and Strong Q2 Performance

MOIL posted its best-ever September production of 1.52 lakh tonnes, up 3.8 per cent from the same period last year, reflecting robust operational performance. Exploratory core drilling also surged to 5,314 metre, a 46 per cent increase, highlighting the company’s focus on expanding its resource base.For Q2 FY26 (July–September 2025), MOIL achieved record quarterly production of 4.42 lakh tonnes, up 10.3 per cent year-on-year, and sales of 3.53 lakh tonne, growing 18.6 per cent over the same quarter last year. Exploratory drilling for the quarter reached 21,035 metre, marking a 4.1 per cent..