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Kalpataru Power Outcome Of Board Meeting (23-Feb-2010)

Indian-Commodity  :  Board-Meetings  :  Kalpataru Power Outcome Of Board Meeting
Kalpataru Power Outcome Of Board Meeting
Kalpataru Power Transmission Ltd has informed that the Board of Directors of the Company at its meeting held on February 22, 2010, has taken the following decisions :

1. The Board has discussed about future business opportunity and growth plan of the Company.

2. To Support the future growth plans of the Company, Board has approved fund raising plan upto USD 125 Millions or equivalent Rupees through QIP / Other Modes of follow on offerings, subject to approval of the Shareholders of the Company.
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