An undisclosed buyer acquired 4.5% in Kalpataru Power Transmission Limited (BSE:522287) from Mofatraj Munot and Parag Munot for INR 3.1 billion on September 11, 2019. As per terms, 6.9 million shares are sold. Mofatraj Munot and Parag Munot are the promoters and post completion, the holding of Promoter Group in Kalpataru Power Transmission Limited is 54.38%. The sale proceeds will be used in making investments in privately held businesses, reducing pledged shares and other purposes. An undisclosed buyer completed the acquisition of 4.5% in Kalpataru Power Transmission Limited (BSE:522287) from Mofatraj Munot and Parag Munot on September 11, 2019.