ENGINEERS INDIA LTD. - Clarifies on News Item
19 Jun 2014
With reference to the news item appearing in a leading financial daily titled "EIL signs $ 139-million contract", Engineers India Ltd has Clarified to BSE as under:<br/><br/>1. The press release made by EIL is enclosed.<br/><br/>2. EIL approached M/s. Dangote Group to offer its services for their forthcoming project. Discussions in this regard were concluded and the agreement was initialed on November 21, 2013 for a lumpsum value of US$ 139 Millions.<br/><br/>Subsequently the agreement has been formally signed on June 02, 2014.<br/><br/>3. The answer to second query is No.
Source:
BSE India