Announced Thu, 25 Jun · 11:53 IST
KPIL completes full divestment of Kohima-Mariani Transmission stake to Apraava
KPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹1395.00
prior close
₹1386.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1+0.1-0.2-3.2-1.7-3.0-1.8-0.5-3.1-6.9-6.8——
Up moveDown movePending
AI summary
Kalpataru Projects International has completed the sale of its remaining about 26 percent stake in Kohima-Mariani Transmission Limited (KMTL) to Apraava Energy Private Limited on 24 June 2026. The company had earlier sold about 48 percent of KMTL to Apraava in 2019 under definitive agreements. With this final transfer, KPIL has fully exited KMTL, handing over its entire equity holding in the transmission arm to the buyer.
Likely market impact
Full exit from KMTL brings in final tranche of sale proceeds and frees up capital for the core EPC business. Mildly positive for shareholders.