Power Mech Projects Ltd has informed the BSE that the board of directors of the company at its meeting held on November 14 has decided to explore business opportunities in Nigeria and other African countries by establishing a joint venture entity in Lagos, Nigeria.
This move is aimed to undertake activities of repair of steam/gas turbine, engineering services, component repair services and related repair services in Africa.
The board has also appointed of Sutanu Behuria as Additional Director, Independent Category, and M Rajiv Kumar as Additional Director-Non Executive Category. It has also accepted the resignation of Rakesh Sony as Director from the board.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.