Engineers India has received an approval from the Ministry of Petroleum & Natural Gas (MoP&NG) vide letter dated July 09, 2013 for the offer, involving disinvestment of 10% of paid-up equity share capital of the company (being 33,693,660 equity shares) out of its holding by way of an offer for sale (OFS) in the proposed offer of the company.
Engineers India is a total solutions consultancy company and EPC contractor in petroleum refining, petrochemicals, pipelines, oil and gas terminals and storages, fertilizers, mining & metallurgy and infrastructure projects. The company is also diversifying into water and waste management and has made inroads into nuclear, solar and thermal power sectors
