Engineers India has clarified on thenews item appearing in a leading financial daily titled, EIL signs USD 139-million contract.
With reference to the news item appearing in a leading financial daily titled "EIL signs $ 139-million contract", Engineers India Ltd has Clarified to BSE as under:1. The press release made by EIL is enclosed.2. EIL approached M/s. Dangote Group to offer its services for their forthcoming project. Discussions in this regard were concluded and the agreement was initialed on November 21, 2013 for a lumpsum value of US$ 139 Millions.Subsequently the agreement has been formally signed on June 02, 2014.3. The answer to second query is No.Source : BSE
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