| Purpose | Announcement Date | Bonus Date | Record Date | Bonus Ratio |
|---|---|---|---|---|
| Bonus | 13 Sep 2024 | 8 Oct 2024 | 8 Oct 2024 | 1:1 |
| 1:1 Bonus Issue of Equity Shares Trading Members of the Exchange are hereby informed that Power Mech Projects Limited has fixed Record Date for the purpose of Bonus Issue of Equity Shares of the Company. The transactions in the Equity Shares of the Company would be on an Ex-Bonus basis with effect from the under-mentioned date :- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE Power Mech Projects Limited (539302) RECORD DATE 08.10.2024 PURPOSE Issue of 01 (One) Bonus Equity Share of Rs.10/- each for every 01 (One) existing Equity Share of Rs.10/- each held. Ex-Bonus basis from Date & Sett. No. 08/10/2024 DR- 731/2024-2025 (As Per BSE Notice Dated on 08.10.2024) | ||||
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The plant is located at Chausa in Buxar district, Bihar. The company said that it is planning to execute the project within a period of 39 months.
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The company expects to complete the execution within 12 months. The project has a cumulative capacity of 13.66 MW (AC).
The business reported that the robust bottomline growth was backed by a sharp increase in topline as well as stable operating margins.
The Hyderabad-based engineering and infrastructure firm secured the order from Telangana Power Generation Corporation Ltd. (TSGENCO).
The company has received a ₹579 crore (excluding GST) order for civil, structural and architectural works at the 2x800MW DVC Koderma Thermal Power Station (KTPS) Phase-II in Jharkhand.
In November 2024, Power Mech bagged another major order worth ₹510 crore from Adani Power for mechanical construction work at its Chhattisgarh thermal power project
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This contract is scheduled to commence on December 16, 2024, and will span three years.
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