Coromandel Engineering Company’s board of directors at its meeting held on September 05, 2013 have subject to the approval of shareholders and other necessary approvals as may be required, approved to create, offer and Issue equity shares of the Company for an amount not exceeding Rs. 60 crore to the equity shareholders of the Company on a ‘Rights basis’ at such price (including premium, if any, as may be decided) as may be determined by the Board or a Committee thereof.
Coromandel Engineering Company was established in the year 1947 and is a part of the Murugappa Group. Coromandel Engineering's first building was the Wellington Nursing Home (Now Sankar Nethralaya housed). The first industrial major project was putting up the factory for Tube Investment and the next plant for Ashok Leyland.
Company Name | CMP |
---|---|
Larsen & Toubro | 3532.90 |
Rail Vikas Nigam | 374.40 |
KEC International | 767.05 |
Kalpataru Projects | 1262.00 |
NCC | 324.25 |
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