Divestment25 Jun 2026, 11:53 am
Kalpataru Projects Completes Divestment of Kohima-Mariani Transmission Stake
AI Summary
Kalpataru Projects International Ltd has announced the completion of its disinvestment of the remaining ~26% equity stake in Kohima-Mariani Transmission Limited (KMTL) to Apraava Energy Private Limited (Apraava). This follows an initial sale of ~48% stake. The final transfer was completed on June 24, 2026, after obtaining necessary regulatory and other approvals. Consequently, Kalpataru Projects has transferred its entire equity shareholding in KMTL. The company received confirmation of the completion of formalities on June 25, 2026.
Key Highlights
- Completed sale of remaining ~26% stake in KMTL.
- Entire equity shareholding in KMTL has been transferred.
- Transaction finalized after obtaining regulatory approvals.
- Disinvestment aligns with previous definitive agreements.
Price Impact
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