The appointment of Jindal is for the period of five years starting from 20 June 2022 or till the date of his superannuation or until further orders, whichever is earlier. The company said there will not be any change in his remuneration and terms and conditions of his appointment. Engineers India is an engineering consultancy and technology licensing company in the fields of hydrocarbons, petrochemicals, fertilizers, metallurgy, ports & terminals, and other sectors of industry, having a DSIR-recognized R&D center. As of 31 March 2022, the Government of India held a 51.32% stake in the company. On a consolidated basis, EIL reported 217.4% jump in net profit to Rs 79.13 crore on 27.7% decline in net sales to Rs 817.80 crore in Q4 FY22 over Q4 FY21. Powered by Capital Market – Live News
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