Petron Engineering Construction (Delisted) share news and announcements
BSE: 530381
Formerly Petron Engineering Cosntruction
Last traded ₹5.25 on 18 Feb 2020
Delisted on 10 Jun 2021.
Petron Engineering Construction share news and announcements
639 announcements, routine notices left out, newest first. Page 13 of 13.
Feb 2008
8 Feb · Audit Qualifications/Management Comments
Petron Engineering Construction Ltd. has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31, 2007 (taken on record by the Board of the directors of the Company at its meeting held on January 31, 2008) regarding Qualifications by the Auditors M/s M.S. Sankaran & Co. Chartered Accountants to the audited Accounts for the year ended March 31, 2007 and Directors comments on the same. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2008
25 Jan · Meeting
Petron Engineering Construction Ltd. has submitted to the Exchange a copy of the Minutes of the Annual General Meeting held on December 28, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.24 Jan · Board meeting
Meeting on 31 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”21 Jan · Updates
Petron Engineering Construction Ltd. has submitted to the Exchange a copy of the letter dated January 14, 2008 and January 15, 2008 received from Kazstroyservice, PLC, UK. The Company has further informed the Exchange that Kazstroyservice, PLC, UK has indirectly acquired 52.34% of the Paid-up Share Capital of Petron Engineering Construction Limited which has been taken on record by the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.10 Jan · Reconstitution of the Board of Directors
Petron Engineering Construction Ltd. has informed the Exchange that the following Directors were appointed on the Board of Company with immediate effect at its Board Meeting held on January 10, 2008. (a) Mr. Pankaj Jain (b) Mr. D. K. De. Chaudhari (c) Mr. S.K. Basu (d) Mr. Pravin Jain. Further to this, following Directors have resigned from the Board: (a) Mr. R.S.Ambekar (b) Mr. M.K.Nair (c) Mr. A.A. Krishnan (d) Mr.S. Sankaranarayanan (c) Mr. S.Balakrishnan (e) Mr. K.R.Shriram (f) Mrs. Rajashree Dokras (f) Mr. Madhukar Ambekar (Alternate Director to Mrs. Rajashree Dokras). Thereafter, a meeting of the Re-constituted Board was held January 10, 2008 where in Mr. T.S.Das who was appointed as Director (Operations) w.e.f. 14th May, 2007 has been appointed as the Managing Director of the Company as Mr. M.K.Nair has resigned from the Board.10 Jan · Updates
Petron Engineering Construction Ltd. has informed the Exchange that Company have been informed by Petron Investments Private Limited (PIPL), a holding Company of Petron Engineering Construction Ltd. holding 3936327 Equity Shares of Rs.10/- each (52.22%). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Dec 2007
24 Dec · Receipt of Order
Petron Engineering Construction Ltd. has informed the Exchange that "The Company has received following two Orders from M/s. Madras Cements Limited Ariyalur-621713, Tamil Nadu for: 1) Erection, Testing & Commissioning of Electrical and Instrumentation Equipment for Ariyalur Project valued at Rs.6.00 Crores (Rupees Six Crores only); 2) Supply of Electrical and Instrumentation materials for Ariyalur Project valued Rs.3.61 Crores (Rupees Three Crores Sixty One lakhs only)".17 Dec · Updates
Petron Engineering Construction Ltd. has informed the Exchange that "The Company has received following two letter of Intents from Utility Energytech Engineers Private Limited, Reliance Energy Limited, Noida 201 307 (U.P.) for: 1) Erection, Testing, Commissioning, Trial Operation and Handling Over of Boiler Proper (2 Units) for 2 x 300 MW Rosa Thermal Power Project (RTPP), Rosa, Uttar Pradesh valued at Rs.38.99 Crores (Rupees Thirty-eight Crores Ninety-nine lakhs only); 2) Erection, Testing, Commissioning, Trial Operation and Handling Over of Boiler Proper (2 Units) for 2 x 600 MW Hisar Thermal Power Project (HTPP), Haryana, valued at Rs.59.88 Crores (Rupees Fifty-nine Crores Eighty-eight lakhs only)".3 Dec · Meeting
Petron Engineering Construction Ltd. has informed the Exchange that the Board of Directors of the Company at its meeting held on December 01, 2007 "The Board has recommended Dividend of Rs. 1.20 (12%) per Equity Shares on 7538400 Equity Shares of Rs.10/- each for the year ended 31st March, 2007, for declaration at the Annual General Meeting proposed to be held on 28th December, 2007, absorbing a sum of Rs. 1,05,83,461/- including Corporate Dividend Tax of Rs. 15,37,381/-. Further the Company has announced the Book closure from 18th December, 2007 to 28th December, 2007 for the purpose of declaration of Dividend for the year ended 31st March, 2007 and holding of Annual General Meeting." Further the Company has submitted the financial results under clause 20 of the listing aggreement. A copy of the same shall be available on the NSE website(http://www.nseindia.com) under: Corporates > Latest Announcementsand on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Nov 2007
22 Nov · Board meeting
Among other things, to approve and adopt the Audited Balance Sheet as at March 31, 2007 and the Profit & Loss Account for the year ended that date. The Board will also consider to recommend dividend, for the year ended March 31, 2007, for declaration at the Annual General Meeting of the Company. Further, at the above meeting the Board will also consider the closure of Register of Members and Share Transfer Books of the Company (fixing the date of Book Closure).
Oct 2007
22 Oct · Board meeting
Among other things, to consider and take on record the Unaudited Financial Results (Provisional) for the quarter ended September 30, 2007.12 Oct · Extension
Petron Engineering Construction Ltd. has informed the Exchange that "The 31st Annual General Meeting of the Company will be held on or before 28th December, 2007 inter alia to adopt the Audited Balance Sheet and Profit & Loss Account as at 31st March, 2007. The exact date of the Annual General Meeting will be informed in due course of time. The Office of the Registrar of Companies, Maharashtra, Government of India, Ministry of Corporate Affairs have granted extension upto 28th December, 2007 to hold Annual General Meeting, under Section 166(1) read with 210 of the Companies Act, 1956".9 Oct · Receipt of Order
Petron Engineering Construction Ltd. has informed the Exchange that "Our Company has received an Order from Moserbaer India Ltd. for Supply of Chimney with supporting structure, insulation & cladding and other accessories for 2 * W20V32 project at MBIL SEZ Division for a contract value of Rs.1,35,00,279/- (Rupees One Crore Thirty-five Lakhs Two hundred Seventy Nine Only)".5 Oct · Business
Petron Engineering Construction Ltd. has informed the Exchange that : "Our Company has received a contract from Vedanta Alumina Limited for Installation of Anode, Grouping & Cleaning System for the ALIuminium Smelter Project at Jharsuguda, Orissa for a contract value of Rs. 133.20 Lakhs (Rupees One Crore Thirty-three Lakhs Twenty Thousand Only)."
Sep 2007
4 Sep · Board meeting
Among other things, to consider and take on record the Unaudited Financial Results (Provisional) for the quarter ended June 30, 2007.
Aug 2007
14 Aug · Business
Petron Engineering Construction Ltd. has informed the Exchange that "Our Company had participated in bid Document No.6743/T-145/06-07/SKK/35 for Fired Heaters and they have Accepted our bid and accordingly we have been awarded contract for fired Heaters for HCU/DHDT for Bina Refinery Project developed by Bharat Oman Refineries Limited (a Company promoted by Bharat Petroleum Corporation Limited and Oman Oil Company Limited) for a contract value of Rs. 127.00 Crores (Rs. One Hundred Twenty - Seven Crores Only), inclusive of all taxes, duties and levies and MP VAT on works Contract".
Jul 2007
28 Jul · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that : "Our Company has received Letter of Intent from SAMSUNG ENGINEERING CO. LTD., for Piping , Equipment Erection, Heavy Lifting , Steel Structural and Painting Works of Indian Oil Corporation Limited MEG Project at Panipat, Haryana for a contract value of Rs. 49,00,00,000/- (Rupees Forty-nine Crores Only)".20 Jul · Board meeting
Among other things, to consider and take on record the Unaudited Financial Results (Provisional) for the quarter ended June 30, 2007.11 Jul · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that "Our Company has received Letter of Intent from TOYO ENGINEERING INDIA LIMITED, for Mechanical, Piping & Painting Works for Area D & E (Part - 2) for Naphtha Cracker Project at IOCL, Panipat, Haryana for a contract value of Rs.25,29,10,000/- (Rupees Twenty-five Crores Twenty-nine Lakhs Ten Thousand Only)".
Jun 2007
29 Jun · Limited Review Report
Petron Engineering Construction Ltd. has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results (Provisional) for the quarter ended March 31, 2007. The details of the same shall be available on the NSE website(http://www.nseindia.com) under: Corporates > Latest Announcementsand on the Extranet Server (/Common/Corporate Announcements). For more details click here.27 Jun · Public Announcement-Open Offer
Enam Financial Consultants Pvt. Ltd. has informed the Exchange regarding a Public Announcement ("PA") being issued by them ("Enam" or the "Manager to the Offer") on behalf of KazStroyService PLC (KSS PLC) (hereinafter referred to as "the Acquirer"), pursuant to regulation 10 and 12, in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("the Regulations"). The Offer: The Acquirer is making an offer to the shareholders (other than the parties to the SPAs) of Target to acquire 1507680 fully paid-up Equity Shares of Rs.10/- each of Target ("Equity Shares"), representing 20% of the outstanding voting equity share capital of the Target, at a price of Rs.180/- per fully paid-up Equity Share (the "Offer Price") payable in cash in terms of regulation 20 and 21 of the Regulations (the "Offer" or "Open Offer"). The Offer is not conditional on any minimum level of acceptance. The Specified Date (for the purpose of determining the names of shareholders to whom the Letter of Offer would be sent) is June 25, 2007. The Date of Opening of the Offer is August 14, 2007 & the Date of Closing of Offer is September 03, 2007. The details of the Public Announcement-Open Offer shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Jun · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "We have been informed by Petron Investments Private Limited (PIPL), a holdingCompany of our Company holding 3936327 Equity Shares of Rs 10/- each (52.22%) that : 1) PIPL has received letters from Amritha Sharanya Leasing & Investments Pvt. Ltd. (ASLI) and SRA Finance & Investments Pvt. Ltd. (SRA) that their Shareholders have entered into an Agreement with KazStroyServices PLC., UK for sale / transfer of 21,095 Shares in ASLI and 721530 Shares in SRA, subject to fulfillment of certain conditions and their getting approval from Govt. Authorities/ RBI. ASLI and SRA hold 80% Shares in PIPL. 2) PIPL has also been informed by the following individual Shareholders that they have entered into an Agreement with the said KazStroyServices PLC, UK for sale / transfer of their respective Shareholding in PIPL as per the following details also subject to fulfillment of certain conditions and clearance from various Govt Authorities/ RBI authorities: 1) Name of the Shareholder - Mr. Jayakrishnan Nair, No. of Shares of Rs.100/- each - 7602; 2) Name of the Shareholder - Ms. Rajashree Dokras, No. of Shares of Rs.100/- each - 2534; 3) Name of the Shareholder - Ms. Sadhana Ambekar Nadkarni, No. of Shares of Rs.100/- each - 2534; 4) Name of the Shareholder - Ms. Sujata Ambekar, No. of Shares of Rs.100/- each - 2534. If the conditions under the said Agreements are fulfilled and if the investments in ASLI and SRA by KazStroyServices PLC., UK is approved by the Govt. Authorities / RBI and upon the transfers in the holdings of ASLI and SRA as well as in the holdings of Mr. Jayakrishnan Nair, Ms. Rajashree Dokras, Ms. Sadhana Ambekar Nadkarni and Ms. Sujata Ambekar in PIPL being effected, then it will lead to the change in control / re-structuring in Petron Engineering Construction Limited after the consummation of acquisition leading to indirect acquisition".11 Jun · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "Our Company has received Letter of Intent from MADRAS CEMENTS LIMITED for Mechanical Fabrication and Erection works for their 3800 TPD Cement Project at Ariyalur for a contract value of Rs.23.57 Crores (Rupees Twenty-three Crores Fifty-Seven Lakhs Only)".8 Jun · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "Our Company has received two Letter of Intents from WARTSILA INDIA LIMITED, for Supply & Erection of two Nos. Chimney and supporting structures for Moser Baer Ltd.'s SEZ Project for a total value of Rs.2.50 Crore (Rupees Two Crore Fifty Lakhs Only)".1 Jun · Miscellaneous
Petron Engineering Construction Ltd. had informed the Exchange regarding extension of the earlier Contract dated November 15, 2003 with Obajana cement PLC at Obajana, Kogi, Nigeria. The Company has now informed the Exchange that: "Due to some unavoidable reasons at their end the extended contract stands cancelled."
May 2007
24 May · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "Our Company has received Letter of Award from ZEECO INDIA (PVT.) LTD. for Assembly and Installation of the Flare Packages for Jamnagar Export Refinery Project in SEZ Notified Zone of Reliance Petroleum Limited for a total value of Rs.7.76 Crores (Rupees Seven Crores Seventy-six Lakhs Only)".15 May · Management
Petron Engineering Construction Ltd. has informed the Exchange that: "At a Meeting of the Board of Directors held on 12th May, 2007, the Company has appointed Mr. T. S. Das as Director (Operations) a Whole-time Director on the Board w.e.f. 14th May, 2007".3 May · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "Our Company has received Letter of Award from ZEECO INDIA (PVT.) LTD. for Erection & Installation of HP / LP Flare for KGD6 Kakinada Project of Reliance Industries Limited for a total value of Rs.450 Lakhs (Rupees Four Hundred Fifty Lakhs Only)".
Apr 2007
30 Apr · Management
Petron Engineering Construction Ltd. has informed the Exchange that: "Mr. P. G. Vaidyanathan, Director (Operations) has resigned with effect from 1st May, 2007".27 Apr · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "Our Company has received Letter of Intent from Madras Cements Limited, Chennai for Erection & Commissioning of Electrical & Instrumentation Equipments for Line - 2 Project for a total value of Rs.455 Lakhs (Rupees Four Hundred and Fifty-five Lakhs Only)".18 Apr · Board meeting
Among other things, to consider and take on record the Unaudited Financial Results (Provisional) for the quarter ended March 31,2007.18 Apr · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that "Our Company has received Letter of Award from Sichuan Fortune Project Management Co. Ltd., China for Erection work for Two 330 MW Power Plants of M/s Adani Power Project Ltd., at Mundra, Gujarat, for a total estimated contract value of Rs.37,76,00,000/- (Rupees Thirty-seven Crores Seventy-six Lakhs Only)."9 Apr · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "We had entered into a contract on 15th November, 2003 with Dangote Industries Limited, Nigeria for Erection of Two lines of 5000 Tons Per Day Grass Root Cement Plant consisting of Mechanical, Structural, Electrical and Instrumentation work for Obajana Cement PLC at Obajana, Kogi, Nigeria under Contract No. Ex-37. We are pleased to inform you that Obajana Cement PLC at Obajana, Kogi, Nigeria has extended the present contract for Dismantling of Structures and Equipment and Fabrication and Erection of Structural / Plate and Equipment for the total value of apprx. Rs.30,00,00,000/- (Rupees Thirty Crores Only)".3 Apr · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that "our Company has received Letter of Commitment from Reliance Petroleum Limited, Jamnagar for mechanical works for Polypropylene Plant (Mega PP) Line-1 at Jamnagar Refinery Complex in JERP for a total contract value of Rs. 19.00 Crores (Rupees Nineteen Crores only)."
Mar 2007
8 Mar · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that: "Our company has received a Letter of Intent from VEDANTA ALUMINA LIMITED for design, engineering, manufacturing, erection, commissioning etc. of 11 Nos. Single Girder & 2 Nos. Double Girder EOT Cranes for various shops in their New Aluminium Smelter at Jharsuguda, Orissa for a contract value of Rs. 317.37 Lakhs (Rupees Three Crores Seventeen Lakhs Thirty-Seven Thousand Only)".
Feb 2007
26 Feb · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that "Our Company has received Letter of Intents for a total value of Rs.481.93 Lakhs as per the following details:- (i) Vedanta Alumina Limited for manufacturing, supply of miscellaneous items, supervision, erection & commissioning of free Issue items as well as miscellaneous supply of items and performance guarantee tests of Rodding Shop at their New Aluminium Smelter at Jharsuguda, Orissa for an apprx. contract value of Rs. 287.29 Lakhs. (ii) Heurtey Petrochem Equipment Pvt Ltd. for Supply of Piping Fuel Skids for various Heaters in Aromatic Unit and in Clean Fuel Unit for RELIANCE - JERP for a total apprx. contract value of Rs. 115.50 Lakhs. (iii) Reliance Petrochem Limited, Jamnagar for the Pre-fabrication of Radiant Coils of Clean Fuel Unit Heaters for an apprx. contract value of Rs. 79.14 Lakhs".23 Feb · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the period 1st October 2006 to 31st December 2006 and found the same to be in order subject to certain observations. The auditor's observations are: In accordance, with the requirements of Accounting Standards on taxes on Income (AS22), the Company has not given effect to Deferred Tax Accounting for the period December 31, 2006. The Company is in the process of correctly quantifying the same and shall be accounted for in the Audited Accounts for the year ending March 31, 2007.8 Feb · Miscellaneous
Petron Engineering Construction Ltd. has informed the Exchange that "Our Company has received two orders being Letter of Commitment for a total amount of Rs. 10.00 Crores (Rupees Ten Crores Only) from Reliance Petroleum Limited, Jamnagar for : (i) Electrical Jobs in Sulphur - Estimated Value - Rs. 5.57 Crores (Rupees Five Crore Fifty- Seven Lakhs Only). (ii) Electrical Jobs in Coker - Estimated Value - Rs. 4.43 Crores (Rupees Four Crore Forty Three Lakhs Only)."
Jan 2007
22 Jan · Board meeting
Among other things, to consider and take on record the Unaudited Financial Results (Provisional) for the quarter ended 31st December, 2006.