PATEL ENGINEERING LTD. - Clarifies on News Item

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09 Sep 2014
With reference to the News item appearing in the media dated September 09, 2014 regarding "Company looking to mop up around 800 crores by selling land parcels in Mumbai, Hyderabad and Bangalore", Patel Engineering Ltd has Clarified to BSE that the Company intends to reduce its debts to the extent of approximate Rs. 1,000 crores by monetizing its non-core assets and the same shall be informed to the stock Exchanges as and when finalized.
View all announcements for PATEL ENGINEERING LTD.	Source: BSE India

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