24, May 2023
Kalpataru Power Transmission Ltd Announces Change in Name to Kalpataru Projects International Limited
Bangalore | 24th May 2023: Kalpataru Power Transmission Ltd.(KPTL) announces that its corporate name has changed to “Kalpataru Projects International Limited (KPIL)”, following the receipt of approvals from shareholders and regulatory authorities including the Ministry of Corporate Affairs. The name change is effective from 22nd May, 2023 and the Company will henceforth operate under the name “ Kalpataru Projects International Limited”.
Over the past 4 decades, Kalpataru Power Transmission Ltd.(KPTL) has established itself as one of the most valuable brands in the EPC sector. With the strategic amalgamation of JMC Projects (India) Limited with KPTL, the company has emerged as one of India’s large listed diversified engineering and construction companies with extensive global presence along diversified business segments across Power Transmission & Distribution, Buildings & Factories, Water, Railways, Oil & Gas Pipelines, Urban Infra. The company’s order book including L1 is at an all-time high of around ₹50,000 Crores.
The new approved name – Kalpataru Projects International Limited (KPIL) truly reflects the well-diversified EPC business, global presence and still imbibes the values and legacy associated with it.
Commenting on the name change approval, Mr. Manish Mohnot, MD & CEO, KPIL, said “The name change from Kalpataru Power Transmission Ltd.(KPTL) to “Kalpataru Projects International Limited (KPIL)” unifies our visibility of well-diversified EPC businesses with an increasing portfolio of global projects. It echoes our commitment to all our stakeholders and our ability to create value while aligning our identity.”