Home India Porwal Auto Components Ltd approves investment in Solar Power Plant
Porwal Auto Components Ltd approves investment in Solar Power Plant

Porwal Auto Components Ltd approves investment in Solar Power Plant

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The Board of Porwal Auto Components Ltd has decided to invest approximately Rs. 15 Crores in Solar Power Plant for captive consumption with the capacity of 3 megawatts (MW) for which the Board has decided to avail the credit facility of approximately Rs. 10 Crores and authorised Mr. Surendra Jain Chairman and Whole Time Director, Mr. Devendra Jain Managing Director and Mr. Shailesh Jain, Chief Financial Officer of the Company jointly and/ or severally to do all the acts, deeds, matters, things and post-approval formalities for the same. Shares of PORWAL AUTO COMPONENTS LTD. was last trading in BSE at Rs.45 as compared to the previous close of Rs. 44.15. The total number of shares traded during the day was 17500 in over 139 trades. The stock hit an intraday high of Rs. 45.9 and intraday low of 44. The net turnover during the day was Rs. 780840.

Anand Gupta Editor - EQ Int'l Media Network

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