Kalpataru Projects International Limited (KPIL) has successfully completed the sale of its entire 100% stake in Vindhyachal Expressway Private Limited (VEPL) to Actis Atlantic Holdings Limited. The sale was finalized on January 16, 2026. Following the completion of the transaction, VEPL is no longer a subsidiary of KPIL.
VEPL Divestment Finalized
Kalpataru Projects International Limited (KPIL) announced the completion of the sale of its complete stake in Vindhyachal Expressway Private Limited (VEPL). The transaction, initially disclosed on October 9, 2024, has now been successfully concluded.
Transaction Details
The definitive agreement for the sale of 100% stake in VEPL to Actis Atlantic Holdings Limited has been completed as of January 16, 2026. The company’s shareholding in VEPL is now Nil. The completion was announced on January 16, 2026, at 07:10 p.m. (IST).
Source: BSE