Kalpataru Projects International Limited announced that the Executive Committee of the Board of Directors of the Company at its meeting held on 01 February, 2024 has approved the issuance of Unsecured, Rated, Listed, Redeemable, Non-Convertible Debentures of INR 1500 Million (Rupees One Hundred and Fifty Crores only) on private placement basis. Deemed Date of Allotment is 06 February, 2024. Final Redemption (100%) 05 February, 2027.

Coupon/interest offered: 8.32% per annum.