PRADEEP METALS LTD. - Outcome of Board Meeting

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18 Nov 2014
Pradeep Metals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 12, 2014, have taken the following decisions:<br/><br/>1. Decided, in principle, to install 2.1 MW Wind Power Plant for captive use at project cost of about Rs. 1,400 Lacs and invest about Rs. 1,680 Lacs in a joint venture to be formed in USA for acquiring a CNC Machine Shop. These will be financed from permissible bank loans and internal accruals.<br/><br/>2. Appointment of Mr. Rajeev Dixit as Chief Financial Officer of the Company.
View all announcements for PRADEEP METALS LTD.	Source: BSE India

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