Telerik Kendo UI ClientTemplate syntax breaking when upgraded the existing .NetMvc Kendo UI version from 2019.2.619 to 2023.1.117

Question

In KendoUI version 2019.2.619, the below syntax is working fine but when it upgraded to 2023.1.117, the page is breaking with below error in browser console. Existing code columns.Template(p => p.date).Title("Date").Width("25%").ClientTemplate("#=DateStr#");`

The error displayed in the browser console:

Uncaught Error: Invalid template:'#=DateStr#' Generated code:'var $kendoOutput, $kendoHtmlEncode = kendo.htmlEncode;with(data){$kendoOutput=''+(DateStr)+'';}return $kendoOutput;'
    at Object.compile (kendo.all.js:313050:21)
    at kendo.all.js:313050:21
    at c (kendo.all.js:313050:21)
    at init._rowsHtml (kendo.all.js:313050:21)
    at init._renderContent (kendo.all.js:313050:21)
    at init.refresh (kendo.all.js:313050:21)
    at init.trigger (kendo.all.js:313050:21)
    at init._process (kendo.all.js:313050:21)
    at init.success (kendo.all.js:313050:21)
    at success (kendo.all.js:313050:21)

Tried the use Template() instead of ClientTemplate but then whole page is crashing without any console error.