MoneyWorks4Me

Patel Engineering to raise funds up to Rs 300 crore

06 Oct 2017 Evaluate

Patel Engineering has received an approval to raise funds up to Rs 300 crore by way of Rights issue of Equity Shares with or without warrants. The Board of Directors of the Company in their Board Meeting held on October 05, 2017 considered and approved the same.

Patel Engineering provides a wide range of civil engineering services involved in design and construction of power projeccts, hydroeletric projects, commercial building, industrial complexes, dams, tunnels, underground structures, steel and concrete structures, bridges, marine works, flyovers and national highways in India and abroad.

Peers
Company Name CMP
Larsen & Toubro 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
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