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KALPATARU — Kalpataru News Story

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India's Kalpataru rises on signing redevelopment project in Mumbai

**Shares of Kalpataru KALT.NS up 9.5% to 325.6 rupees, set for best session since Jan 2

** Real estate developer signs redevelopment project in Mumbai with gross development value of 14 billion rupees ($151.64 million)

** More than 239,252 shares traded so far, 3x 30-day avg

 ** YTD, stock down about 3%

($1 = 92.3250 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))

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