{"id":542152,"date":"2022-12-12T09:27:29","date_gmt":"2022-12-12T03:57:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=542152"},"modified":"2022-12-12T10:13:00","modified_gmt":"2022-12-12T04:43:00","slug":"kalpataru-power-rallies-9-on-board-nod-for-rs-99-crore-fund-raise-via-ncds-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kalpataru-power-rallies-9-on-board-nod-for-rs-99-crore-fund-raise-via-ncds-2\/","title":{"rendered":"Kalpataru Power rallies 9% on board nod for Rs 99-crore fund raise via NCDs"},"content":{"rendered":"<p>Shares of Kalpataru Power Transmission (KPTL) rallied nearly 9 per cent to an intra-day high of Rs 566 per share on the BSE on Friday as the company&#8217;s board approved a fund raise plan.<\/p>\n<p>In a filing on Thursday, the company said its board has approved raising Rs 99 crore via the issuance of non-convertible debentures (NCDs).<\/p>\n<p>&#8220;The executive committee of the board of directors has approved the issuance of listed, rated, unsecured, redeemable, taxable, NCDs of Rs 99 crore on private placement basis,&#8221; it said.<\/p>\n<p>The stock has surged over 12 per cent in the last two session after the announcement. At the time of writing this report, it was off the day&#8217;s high, trading 6 per cent up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Kalpataru Power Transmission (KPTL) rallied nearly 9 per cent to an intra-day high of Rs 566 per share on the BSE on Friday as the company&#8217;s board approved a fund raise plan. In a filing on Thursday, the company said its board has approved raising Rs 99 crore via the issuance of non-convertible debentures (NCDs). &#8220;The executive committee of the board of directors has approved the issuance of listed, rated, unsecured, redeemable, taxable, NCDs of Rs 99 crore on private placement basis,&#8221; it said. The stock has surged over 12 per cent in the last two session after [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-542152","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/542152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=542152"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/542152\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=542152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=542152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=542152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}