KPIL shares closed at ₹1,408.40 on the NSE on Tuesday, up 0.54 per cent from the previous close of ₹1,400.90, with a market capitalisation of approximately ₹24,045 crore.
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Jayasri R _12288

Kalpataru Projects International Limited announced on Tuesday that its step-down subsidiary has incorporated a new wholly owned company in India, expanding its operational footprint in the country.

Linjemontage I Grästorp AB (LMG AB), a first-level step-down subsidiary of Kalpataru Projects, incorporated LM Operation Center India Private Limited on August 14, 2026. The intimation was submitted after the company received the Certificate of Incorporation from the Ministry of Corporate Affairs on September 1, 2026, at approximately 1:02 p.m. IST.

The newly incorporated company is yet to commence business operations and has no turnover history to report. No governmental or regulatory approvals were required for the incorporation.

KPIL shares closed at ₹1,408.40 on the NSE on Tuesday, up 0.54 per cent from the previous close of ₹1,400.90, with a market capitalisation of approximately ₹24,045 crore. The stock has returned over 17 per cent year-to-date and more than 114 per cent over three years.

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