Kalpataru Power Transmission unit achieves 51% stake in Fasttel
Thu, Apr 8, 2021 11:36 AM

Kalpataru Power Transmission unit achieves 51% stake in Fasttel

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Kalpataru Power Transmission (KPTL), on Thursday, confirmed its unit Kalpataru Power Do Brasil Participacoes, Brazil, has completed the acquisition of 51% stake in Fasttel along with management control on April 7, 2021. Earlier in February KPTL had informed BSE of the indicative time period for the closing of the acquisition of Fasttel Engenharia, a Brazilian EPC Company (Fasttel).

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