Announced Thu, 25 Jun · 11:52 IST
Completed full sale of Kohima-Mariani Transmission stake to Apraava
KPIL · price
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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹1395.00
prior close
₹1387.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1+0.2-0.2-3.2-1.7-3.0-1.8-0.5-3.1-6.9-6.8——
Up moveDown movePending
AI summary
Kalpataru Projects International has completed the sale of its remaining about 26 percent equity stake in Kohima-Mariani Transmission Limited (KMTL) to Apraava Energy on 24 June 2026. The company had earlier sold about 48 percent in 2019. With this final tranche, KPIL has fully exited KMTL, transferring its entire equity holding. KMTL is a transmission project entity, and the remaining sale was pending regulatory and other approvals.
Likely market impact
Full exit from KMTL completes the multi-year divestment. Frees up capital but removes future earnings contribution from this transmission asset.