Punj Lloyd arm PL Engineering sells UK subsidiary to Mitsui Group company

PL Engineering sold Simon Carves Engineering Ltd to Engineers and Constructors International Inc a design and engineering company belonging to Japan's Mitsui Group

PL Engineering Ltd, a subsidiary of Punj Lloyd Ltd, has sold the entire stake in its wholly-owned UK-based subsidiary, Simon Carves Engineering Ltd, to Engineers and Constructors International Inc for $ 2 million.

Simon Carves Engineering recorded a turnover of Rs 76.24 crore and accounted for 1.73 percent of Punj Lloyd's total income in the last financial year.

The Louisiana (USA) based Engineers and Constructors International is a design and engineering company belonging to Japan's Mitsui Group.

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Punj Lloyd arm PL Engineering sells UK subsidiary to Mitsui Group company

PL Engineering sold Simon Carves Engineering Ltd to Engineers and Constructors International Inc a design and engineering company belonging to Japan's Mitsui Group

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BS B2B Bureau  |  Mumbai 

PL Engineering Ltd, a subsidiary of Punj Lloyd Ltd, has sold the entire stake in its wholly-owned UK-based subsidiary, Simon Carves Engineering Ltd, to Engineers and Constructors International Inc for $ 2 million. Simon Carves Engineering recorded a turnover of Rs 76.24 crore and accounted for 1.73 percent of Punj Lloyd's total income in the last financial year. The Louisiana (USA) based Engineers and Constructors International is a design and engineering company belonging to Japan's Mitsui Group.

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Punj Lloyd arm PL Engineering sells UK subsidiary to Mitsui Group company

PL Engineering sold Simon Carves Engineering Ltd to Engineers and Constructors International Inc a design and engineering company belonging to Japan's Mitsui Group

PL Engineering sold Simon Carves Engineering Ltd to Engineers and Constructors International Inc a design and engineering company belonging to Japan's Mitsui Group

PL Engineering Ltd, a subsidiary of Punj Lloyd Ltd, has sold the entire stake in its wholly-owned UK-based subsidiary, Simon Carves Engineering Ltd, to Engineers and Constructors International Inc for $ 2 million.

Simon Carves Engineering recorded a turnover of Rs 76.24 crore and accounted for 1.73 percent of Punj Lloyd's total income in the last financial year.

The Louisiana (USA) based Engineers and Constructors International is a design and engineering company belonging to Japan's Mitsui Group.

image
Business Standard
177 22