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2017

August, 2017

Customer : Hindustan Zinc Ltd. Order received in August 2017 for Supply, erection & commissioning of 2 Million Tons per annum Lead - Zinc Ore Beneficiation plant at Zawar Mines. Order value : Rs 248 crores

August, 2017

Customer : Odisha Coal & Power Ltd. (OCPL) Order receive in August 2017 for Engineering, Procurement and Construction (EPC) of 8 MTPA capacity Coal Handling Plant (CHP) with allied infrastructural facilities and Operation & Maintenance (O&M) of the CHP for initial two years including Supervision & Handholding for one year at Manoharpur Coal Mine, District Sundargarh. Order value Rs. 514 Crores.

July, 2017

Customer : Delhi Metro Rail Corporation Ltd. Order received in July 2017 for Construction of Entry/Exit structure of Elamkulam Station and Balance Works in the Main Station Building at Elamkulam. Order value Rs. 43.49 Crores

July 04, 2017

The company has got an order for the Construction of Entry / Exit structure for Elankulum Station and Balance works in the Main Station building at Elankulum. Customer: Delhi Metro Rail Corporation Ltd., Kochi. Order value Rs 43.5 crores.

April 1, 2017

The Management team has been strengthened with the induction of a number of senior professionals with outstanding industry experience -

  • Mr. Arindam Sarkar, heading Engineering, Construction, Business Strategy & Risk Management,
  • Mr. B P Srivastava, Chief of Construction,
  • Mr. Shyamal Kumar Das, Head of Process Group,
  • Mr. Asis Kumar Bhattacharjee, Head of Electrical Construction & Construction management Solar Power Plant,
  • Mr. Lalit Kumar Khetan, CFO, and
  • Dr. Rakesh Chopra, Chief of Legal & Contracts.

March 30, 2017

41,666,666 Compulsory Convertible Preference Shares (CCPS) have been allotted to the promoters and 41,394,273 CCPS has been uploaded to public on preferential basis.

March 17, 2017

At the EGM held on 16 March 2017, decision was taken to increase the authorised share capital of the company.

March 15, 2017

The Company has received an order for design, engineering, manufacture, supply, commissioning and operation & maintenance of 100MW grid connected Solar Power Project including civil works in Andhra Pradesh on EPC Basis for Andhra Pradesh Power Generation Corporation Limited for a value of around Rs. 415.29 crores.

2016

December 21, 2016

Mr. Manoj Toshniwal, an Additional Director of the Company has tendered his resignation from the Board of Directors of the Company with immediate effect.

December 14, 2016

The Board of Directors of the Company decided to take key measures which would rejuvenate the company operations and take it on a fast growth track -

  • Decided not to go ahead with the merger of EMC Limited, McNally Bharat Engineering Company Limited and McNally Sayaji Engineering Limited with Kilburn Engineering Limited.
  • Appointed Mr. Srinivash Singh as the MD of the company to spearhead the growth plans of the company.
  • Appointed Mr. Partha S Bhattacharya (ex CMD Coal India Ltd) as an Independent Director.
  • The Board authorized the MD to look into a plan to infuse fresh equity into the company upto an amount of Rs. 600 crores to further recapitalize the company.