Board Meeting11 Aug 2026, 02:33 pm
Kalpataru Projects Approves ₹150 Cr Capital Expenditure for Rolling Mill
AI Summary
Kalpataru Projects International Limited announced that its Board of Directors, in a meeting held on August 11, 2026, approved a capital expenditure proposal. The expenditure, not exceeding ₹150 crores, is for setting up a rolling mill as part of backward integration at their Raipur Plant. The board meeting commenced at 12:00 noon IST and concluded at 02:15 p.m. IST. This move aims to enhance the company's manufacturing capabilities and operational efficiency.
Key Highlights
- Board approved capital expenditure of up to ₹150 crores.
- Expenditure is for a new rolling mill at Raipur Plant.
- The project is for backward integration.
- Board meeting held on August 11, 2026.
- The company is Kalpataru Projects International Limited.
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