StockWatch
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Civil Construction
Board Meeting11 Aug 2026, 02:37 pm

Kalpataru Projects Approves ₹150 Cr Capital Expenditure for Rolling Mill

AI Summary

Kalpataru Projects International Limited's Board of Directors, in a meeting held on August 11, 2026, approved a capital expenditure proposal not exceeding ₹150 crores. This investment is intended 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.

Key Highlights

  • Board approved capital expenditure of up to ₹150 crores.
  • Investment to establish a rolling mill at Raipur Plant.
  • Project aims for backward integration.
  • Board meeting concluded on August 11, 2026.