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Shriram EPC gets nod for investment in Sree Jaya Jothi Cements

20 Feb 2012 Evaluate

Shriram EPC has received an approval for a significant investment in the equity share capital of Sree Jaya Jothi Cements through equity/convertible instruments directly or through its associates, by converting part of our existing dues. The board at its meeting held on February 18, 2012 has approved for the same. Further, this will be subject to the approval of the shareholders through postal ballot.

Shriram EPC is one of the leading  service providers  of the integrated designs, engineering, procurement, construction and  project management services  for power plants, renewable  energy projects, process and metallurgical plants and municipal service sector projects throughout India and overseas.

Peers
Company Name CMP
Larsen & Toubro 3636.00
Kalpataru Projects 1400.95
NCC 125.45
Rail Vikas Nigam 196.75
KEC International 360.20
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