Kalpataru Projects International Limited (KPIL) has received board approval for a substantial capital expenditure of up to ₹150 crores. This investment will be used to establish a rolling mill as part of backward integration for its Raipur Plant. The board meeting, held on August 11, 2026, also noted the project’s aim to enhance operational efficiency.
Board Approves Major Capital Expenditure
Kalpataru Projects International Limited (KPIL) announced today, August 11, 2026, that its Board of Directors has approved a significant capital expenditure proposal. The company plans to invest up to ₹150 crores to set up a rolling mill at its Raipur Plant.
Strategic Backward Integration
This move is aimed at achieving backward integration for the Raipur facility, which is expected to enhance operational efficiencies and potentially reduce costs. The board’s decision was formalized during a meeting that commenced at 12:00 noon IST and concluded at 02:15 p.m. IST on the same day.
Source: BSE
