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PATEL ENGINEERING LTD. - Outcome of Board Meeting
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26 Sep 2014
Patel Engineering Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 26, 2014, has proposed to seek approval of the members of the Company through Postal Ballot pursuant to the provisions of Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration), Rules, 2014 for disposal of certain non-core assets of the Company to generate cash and reduce the debts of the Company to the extent of Rs. 1000 crores.
View all announcements for PATEL ENGINEERING LTD. Source: BSE India