Kalpataru Projects Approves Capital Expenditure for Rolling Mill Setup at Raipur Plant
Kalpataru Projects International Limited has approved a significant capital expenditure aimed at enhancing its manufacturing capabilities through backward integration. The company's Board of Directors, in a meeting held on August 11, 2026, sanctioned the proposal to set up a rolling mill facility at its Raipur Plant.The strategic investment is designed to strengthen the company’s internal supply chain and manufacturing processes. The approved capital expenditure for this initiative is not exceeding Rs. 150 crores.
This expansion project involves establishing the dedicated rolling mill within the existing Raipur Plant, underscoring Kalpataru Projects' commitment to vertical integration and growth in its operational footprint.
KPIL Stock Price Movement
Kalpataru Projects International Limited rallies as of 2:46 PM, trading up 1.31% in live markets at ₹1332.60. The stock has maintained strong momentum today, finding support within an intraday range spanning from ₹1303.3 to a high of ₹1335.9.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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