NSEDiversification/Disinvestment25 Jun 2026 · 25 Jun 2026, 11:53 am
Diversification/Disinvestment
Kalpataru Projects International Limited · KPIL
✦ AI SummaryDivestiture
Kalpataru Projects International Limited has informed the Exchange about the completion of disinvestment of Kohima-Mariani Transmission Limited, with the company selling its entire equity stake to Apraava Energy Private Limited.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Kalpataru Projects International Limited has informed the Exchange about Diversification/Disinvestment
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KALPATPOWR_25062026115332_KMTL25062026.pdf
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KPIL/26-27
25th June, 2026
BSE Limited National Stock Exchange of India Ltd.
Corporate Relationship Department ‘Exchange Plaza’, C-1,
Phiroze Jeejeebhoy Towers Block ‘G’, Bandra-Kurla Complex
Dalal Street, Fort Bandra (E)
Mumbai - 400 001 Mumbai – 400 051
Scrip Code: 522287 Scrip Code: KPIL
Sub.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 – Intimation of completion
of disinvestment of Kohima-Mariani Transmission Limited
Dear Sir / Madam,
Please refer our letter dated 03rd July, 2019 about intimation of entering into definitive agreements by
the Company with Apraava Energy Private Limited (“Buyer / Apraava”) to sell its equity stake in
Kohima-Mariani Transmission Limited (“KMTL”) and further thereto, the Company has already sold
~48% stake in KMTL to Apraava. The balance ~26% of the total equity shareholding in KMTL was to
be sold after obtaining requisite regulatory and other approvals and in a manner consistent with
transmission service agreement.
We are pleased to inform that the Company has completed the sale and transfer of the balance ~26%
of equity shareholding in KMTL held by it to Apraava on 24th June, 2026.
Consequent to this divestment, the Company has transferred its entire equity shareholding in KMTL to
Apraava. The intimation of completion of necessary formalities was received today viz. 25th June, 2026
at about 11:21 a.m. (IST).
We request you to take the same on record.
Thanking you,
Yours faithfully,
For Kalpataru Projects International Limited
Shweta Girotra
Company Secretary
Corporate Office: Kalpataru Synergy, 7th Floor, Opp. Grand Hyatt, Santacruz (E), Mumbai - 400055. India | Tel: +91 22 3064 2100/+91 22 6885 1500
Registered Office: Plot No. 101, Part-III, G.I.D.C. Estate, Sector - 28, Gandhinagar - 382 028, Gujarat, India | Tel: +91 79 2321 4000
Email: info@kalpataruprojects.com | Website: www.kalpataruprojects.com | CIN: L40100GJ1981PLC004281