NSEGeneral Updates24 Oct 2026 · 24 Oct 2026, 01:43 pm
General Updates
Kalpataru Projects International Limited · KPIL
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Kalpataru Projects International Limited's subsidiary, Linjemontage i Grastorp AB, has exercised its over-allotment option, purchasing 1,877,911 additional shares, and the stabilisation period has ended.
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Full Announcement
Kalpataru Projects International Limited has informed the Exchange about Initial public offering of equity shares of Linjemontage i Grastorp AB, a first level step down material subsidiary of the Company ( LMG ) - Exercise of over-allotment/ green shoe option and end of stabilisation period
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KPIL/26-27
24th October, 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.: Initial public offering of equity shares of Linjemontage i Grästorp AB, a first level
step down material subsidiary of the Company (“LMG”) - Exercise of over-allotment
/ green shoe option and end of stabilisation period
Dear Sir / Madam,
In accordance with Regulation 30 and other applicable provisions of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR
Regulations”), as amended from time to time, and in furtherance to our earlier intimation(s) dated
09th September, 2026, 16th September, 2026 and 25th September, 2026 submitted to the stock
exchanges, this is to further update that the over-allotment / green shoe option has been
exercised corresponding to 1,877,911 shares. Consequently, the unexercised portion of the over-
allotment / green shoe option, corresponding to 268,832 shares, will be returned to Kalpataru
Power Transmission Sweden AB (“KPTS”), a wholly owned subsidiary of the Company. Pursuant
thereto, shareholding of KPTS in LMG will stand at 66.45%, comprising 34,042,919 shares.
We are enclosing herewith a copy of Press Release dated 23rd October, 2026 issued by LMG
titled “Exercise of overallotment option and end of stabilisation period.”
The above information was received by the Company from LMG on 23rd October, 2026 at about
10:38 p.m. IST.
Kindly take the same on records.
Thanking you,
Yours faithfully,
For Kalpataru Projects International Limited
Shweta Girotra
Company Secretary
Encl.: As above
Cor porate 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
Press Release
23 October 2026 18:45:00 CEST
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER
JURISDICTION WHERE SUCH PUBLICATION, DISTRIBUTION, OR RELEASE WOULD BE UNLAWFUL OR
REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE IMPORTANT INFORMATION AT
THE END OF THIS PRESS RELEASE.
Exercise of overallotment option and end of
stabilisation period
ABG Sundal Collier AB ("ABG"), in its capacity as Sole Global Coordinator and stabilisation manager,
notifies that the overallotment option granted in connection with Linjemontage i Grästorp AB’s
(publ) (“Linjemontage” or the “Company”) offering of existing shares in the Company and the listing
of the Company's shares on Nasdaq Stockholm (the "Offering") has been partly exercised. A total of
1,877,911 shares were exercised of the overallotment option. The stabilisation period has now
ended and no further stabilisation measures will be conducted.
As announced in connection with the Offering, ABG had the option, acting as Sole Global Coordinator
and stabilisation manager, to carry out transactions aimed at supporting the market price of the
shares at levels above those which might otherwise have prevailed in the market. Stabilisation
transactions could have been undertaken on Nasdaq Stockholm, in the over-the-counter market or
otherwise, at any time during the period from the first day of trading in the Company's shares on
Nasdaq Stockholm, 25 September 2026, and ending no later than 30 calendar days thereafter.
However, ABG had no obligation to undertake any stabilisation measures. Transactions have not
been conducted at a price higher than set out in the Offering, i.e. SEK 46.
Kalpataru Power Transmission Sweden AB ("Kalpataru Sweden") granted ABG an over-allotment
option which could have been utilised in whole or in part for 30 calendar days from the first day of
trading of the Company's shares on Nasdaq Stockholm to be able to sell up to 2,146,743 additional
existing shares in the Company corresponding to up to 15 percent of the total number of shares in
the Offering to cover any over-allotment in connection with the Offering.
ABG now notifies that the over-allotment option has been exercised corresponding to 1,877,911
shares. Thus, the remaining part of the over-allotment option that was not exercised, corresponding
to 268,832 shares, will be returned to Kalpataru Sweden.
The stabilisation period in the Offering has now ended and no further stabilisation transactions will be
conducted. ABG announces, in its capacity as Sole Global Coordinator and stabilisation manager, that
stabilisation measures have been undertaken in accordance with article 5(4) in the EU Market Abuse
Regulation 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 as specified
below. These stabilisation transactions were announced by the Company on 6 October 2026.
The contact person at ABG is Erik Skog (tel: +46 8 566 29 471, e-mail: Erik.Skog@abgsc.se).
Press Release
23 October 2026 18:45:00 CEST
Stabilisation information:
Issuer: Linjemontage i Grästorp AB (publ)
Securities: Shares (ISIN: SE0030361606)
Offering size: 14,311,620 shares
Over-allotment option: 2,146,743 shares
Offer price: 46 SEK
Market: Nasdaq Stockholm
Ticker: LMGAB
Stabilisation manager: ABG Sundal Collier AB
Stabilisation transactions:
Quantity, Price Price Price (volume weighted
Date Currency Trading venue
shares (highest) (lowest) average)
25 September Nasdaq
2,500 46.00 46.00 46.00 SEK
2026 Stockholm
29 September Nasdaq
262,254 46.00 46.00 46.00 SEK
2026 Stockholm
30 September Nasdaq
4,078 46.00 46.00 46.00 SEK
2026 Stockholm
For further information, please contact:
Thomas Hendel, CFO, ir@linjemontage.se
This information is information that Linjemontage is obliged to make public pursuant to the EU Market
Abuse Regulation 596/2014. The information in this press release has been made public through the
agency of the contact person set out above for publication at the time stated by the Company's news
distributor MFN.
About Linjemontage
Linjemontage is a Swedish pure-play EPC provider within power infrastructure, enabling the
modernisation and expansion of the electricity grid in Sweden and Norway. With over three decades
of experience, the Company has established one of the leading positions in Sweden in terms of
market share and profitability. Linjemontage is one of few EPC providers in Sweden focused
exclusively on energy, delivering projects within substations and transmission and distribution
networks across the full voltage range. Its customers include national transmission system operators
such as Svenska kraftnät and Statnett, regional distribution companies such as Ellevio, Vattenfall
Eldistribution and E.ON, and industrial customers such as Volvo and LKAB, as well as data centres.
The Company is active in two principal areas of power infrastructure: substations, and transmission
and distribution networks. Its portfolio spans both newbuild projects and refurbishment of existing
assets. Linjemontage has extensive experience in designing and constructing substations up to 400
kV and believes it is among the few contractors that can deliver cable projects up to 400 kV. Typical
substation and transmission projects range from approximately SEK 50 million to SEK 500 million,
while larger transmission projects sometimes exceed SEK 500 million.
Press Release
23 October 2026 18:45:00 CEST
Founded in 1993, Linjemontage has gradually evolved from a regional grid services provider into a
specialised Swedish EPC contractor operating in the electricity grid market in Sweden and Norway
with strong high-voltage capabilities. The Company operates from 19 offices in Sweden, two in
Norway and one i
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