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Kalpataru Power Transmission terminates agreement for sale of Alipurduar Transmission

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Capital Market
Last Updated : May 04 2020 | 9:51 AM IST
Kalpataru Power Transmission announced that the Share Purchase and Shareholders Agreement with CLP India for the sale of stake in Alipurduar Transmission (ATL), a wholly owned subsidiary of the Company has been terminated as certain conditions precedent could not be achieved. The company served the notice of termination on 01 May 2020.

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First Published: May 04 2020 | 9:24 AM IST

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