Mukand Engineers Ltd, (MEL), was incorporated in Jan.87 under the name and style of Mukand Construction & Project Engineering Company Private Ltd. Their object was engineering construction, erection and commissioning of Plants. It was a Subsidiary of Mukand Ltd. It became deemed Public Company in Feb.90 and later was converted into Public Limited company in Jul.92 and a fresh certificate was incorporated. The company was promoted by Mukand Ltd, it is a part of Shah & Bajaj group companies. Presently projects executed by the company include Project and Design Engineering, Mechanical & Civil Construction and Site Fabrication Works. Company now focus on Core Sector Areas of Power Transmission, HDVC Lines, Hydrocarbon and Port Modernisation.The company has come out with Public Issue of 30,08,000 Equity Shares of Rs. 10/- for cash at a premium of Rs. 30/- per share aggregating to Rs. 12.03 crores.In 1999-2000, the company has setup an Authorised Training Centre in Kurla, Maharashtra for high-end computer training. To facilitate synergical benefits and expansion of the present business, the company acquired the EDP department of Mukand Ltd, which possesses facilities in software development, consultancy, data processing, accounting system on ERP, etc.The company completed the prestigious order which was received from NALCO for the Civil and Structural work at Angul,Orissa. It is also executing turnkey project of green anode plant of NALCO at Angul. The Companys infotech division has suffered set back due to melt down of the IT industry. The company is expecting orders from Power generation and petrochemical industry and also expects work from refurbishing programme being undertaken by Power plants.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.