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Kalpataru's subsidiary Linjemontage's IPO over-allotment option was exercised for 18.8 lakh shares, ending stabilisation. Unexercised shares return to Kalpataru Sweden, leaving its stake at 66.45%.
Kalpataru Projects' subsidiary LMG is launching an IPO on Nasdaq Stockholm. Its subsidiary KPTS acts as a selling shareholder in the offering.
Kalpataru Projects International announced that its subsidiary, LMG, received prospectus approval for an IPO on Nasdaq Stockholm, with Kalpataru participating as a selling shareholder.