Kalpataru Projects International Limited has informed the Exchange regarding a press release dated January 16, 2026, titled "KPIL Completes Sale Of Equity Stake In Its Wholly Owned Subsidiary Vindhyachal Expressway Private Limited".
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Awaiting price reaction for this filing.
Kalpataru Projects International Limited (KPIL) has completed the sale of its entire equity stake in Vindhyachal Expressway Private Limited, a wholly owned subsidiary. Vindhyachal Expressway operates in the expressway/infrastructure segment. The divestment means Vindhyachal Expressway will no longer be a subsidiary of KPIL. No financial details of the transaction (sale value, buyer name, or gain/loss) are disclosed in the headline. The press release was issued on January 16, 2026, and shared with the exchange as a regulatory disclosure.
This divestment will reduce KPIL's consolidated revenue and asset base from the expressway segment going forward, while boosting cash inflows that can be used to reduce debt or fund core EPC operations. Short-term stock reaction depends on the sale price versus book value, which is not yet visible in the filing.