News about Patel Engineering Limited

February 6th, 2008

The media had reports that Patel Engineering Limited has obtained an assignment to build a dam in the US for $ 300 million.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

Patel Engineering Limited has vide its letter inter-alia stated, “The company has not yet obtained any assignment to build dams as referred to in the media.”

Entry Filed under: Equities, NSE, Infrastructure

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