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Kalpataru Power Transmission is currently trading at Rs. 532.20, up by 3.65 points or 0.69% from its previous closing of Rs. 528.55 on the BSE.

The scrip opened at Rs. 549.00 and has touched a high and low of Rs. 549.00 and Rs. 527.80 respectively. So far 25929 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 576.00 on 14-Dec-2022 and a 52 week low of Rs. 332.30 on 11-May-2022.

Last one week high and low of the scrip stood at Rs. 564.45 and Rs. 523.45 respectively. The current market cap of the company is Rs. 8006.10 crore.

The promoters holding in the company stood at 51.55%, while Institutions and Non-Institutions held 41.91% and 6.55% respectively.

National Company Law Tribunal (NCLT) has approved the scheme of amalgamation of JMC Projects (JMC) with Kalpataru Power Transmission (KPTL), leading to the creation of one of India’s large listed diversified engineering and construction company with combined order visibility of nearly Rs 43,000 crore.

The combined entity will have a significant presence in India and projects in 67 countries, with offerings in well-diversified areas of power transmission & distribution, buildings & factories, water, railways, oil & gas and heavy civil infrastructure. The combined entity will bring together diverse capabilities and the ability to pursue accelerated growth.

The Board of Directors of KPTL and JMC approved the scheme of amalgamation in February 2022. Pursuant to the Scheme, JMC’s shareholders (other than KPTL) will be allotted one share of KPTL for every four shares held by them in JMC.

Kalpataru Power Transmission is one of the largest and fastest growing specialized EPC companies in India engaged in power transmission & distribution, oil & gas pipeline, railways, infrastructure development, civil contracting and warehousing & logistics business with a strong international presence in power transmission & distribution.