A Oneindia Venture

Patel Engineering Ltd. Company History and Annual Growth Details

1995-2000 - No News

2001

-Decides to allot one bonus share of Rs 5 each for every two shares held. It has also recommended a dividend of Rs 10 per share.

2005

-Patel Engineering bags Rs 184 mn Microtunneling Project

-Patel Engg joins hand with Soma Enterprises to jointly execute four projects in AP

-Patel Engineering subsidiary wins Aon Build America Award

-Patel Engineering bags Irrigation Projects worth Rs 8780 mn

2006

-Patel Engineering secures new orders worth Rs 4470 mn

-Patel Engg acquires Michigan Engineers

2007

-Patel Engineering bags Rs 144 crore project from Brihanmumbai Municipal Corporation

-Patel Engineering enters into MoU for 100 MW Gongri Hydro-electric in Arunachal Pradesh

-Patel Engineering - Gammon JV bags Rs 806 crore order for Rampur Hydro-electric Project

2008

-Patel Engineering bags Rs 696 cr order for Krishna Delta System modernization

2009

- Patel Engineering Ltd has informed that Mr. Danish Merchant has been appointed as a Non-Executive Director of the Company effective from August 03, 2009.

-Patel Engineering bags Rs 799 crore tunnelling work in Narmada Valley Development Authority

-Patel Engg to set up power plant in TN

2010

- Patel Engineering Ltd has informed BSE regarding a Press Release dated March 09, 2010 titled "Patel Engineering - Coal Linkage to light up Power Projects".

- The Company has received approval from the Central government for coal linkage for its thermal projects.

- "Patel Engineering Ltd's subsidiary awarded with the largest Waterfront Development Project in Mauritius".

- Patel Engg - Patel Engineering forays into Independent Power Transmission.

2011

- Patel Engg - Patel Engineering bags Rs 160.69 cr Tinthini-Kalmala Road upgradation.

- Patel Engg bags Rs 161-cr order from Karnataka.

2012

- The Board has recommended dividend of Rs 0.30 paise per Equity Shares of Rs. 1 each.

- Patel Engg - Patel Engineering bags Rs. 234 Crore road contract from BSRDC.

- Patel Engg - Patel Engineering bags Rs. 377.04 crore new urban infrastructure projects from Municipal Corporation of Greater.

2014
-Patel Engg bags new order aggregating to Rs. 1,110 Crore".

2016
-Patel Engineering Ltd bags Orders worth Rs. 2376.85 Crores
-Patel Engineering gains over 11 pct as JV wins orders

2018
-Company has bagged two hydro Projects and a Tunnel Project.

2021
-"Patel Engineering Limited bags new order of Rs. 1,251 Crore - TEESTA-VI HE PROJECT".
-"Patel Engineering Bags New Order Of Rs. 976.50 Croreluhri Hydro Electric Project".

2022
-Patel Engineering Ltd.Bagged of New Award of Rs. 2,461 Crore from Chenab Valley Power Projects.

2023
-Patel Engineering Limited issued rights shares of Rs. 1 in the ratio of 1:2 at a premium of Rs. 11.6 per share.
-Patel Engineering Limited in a joint venture bags an Urban Infrastructure Development Project of Rs. 1,275.30 crore from Madhya Pradesh Jal Nigam.
-Patel Engineering along with Joint Venture (JV) partner bags Dibang Multipurpose Project of Rs. 1,818.56 crore
-Patel Engineering Limited along with JV Partners bags KrishnaMarathwada Irrigation Projects of Rs. 451.28 crore"".

2024
-Patel Engineering Limited Successfully Achieves Substantial Completion for Tunnel T-15 and Part Tunnel T - 14, Marking a Major Milestone in the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project.
-Patel Engineering Bags Rs. 3918.60 Million Kameng Power Project.
-Patel Engineering Limited has been declared Lowest Bidder for a Hydropower project of Rs. 240.02 crore from NHPC Ltd.
-Patel Engineering in a Joint Venture has been declared Lowest (L1) for an Irrigation Project of Rs. 342.76 crore from office of the Executive Engineer, Government of Maharashtra.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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