Power Mech Projects Share price

The Company was originally incorporated on July 22 1999 as a private limited company by the name Power Mech-Projects Private Limited under the Companies Act 1956. Pursuant to a resolution passed by the shareholders on September 28 2007 the Company was converted into a public limited company as Power Mech-Projects Limited and a fresh certificate of incorporation was issued on October 16 2007. Subsequently the Company?s name was changed to Power Mech Projects Limited vide a resolution passed by the shareholders on September 15 2010 owing to the hyphen being removed. A fresh certificate of incorporation pursuant to the change of name was issued by the RoC on November 1 2010. Change in Registered Office The registered office of the Company was originally located at 204 Nagilla Towers 1-11-112 Begumpet Hyderabad Telangana (erstwhile Andhra Pradesh). Pursuant to a resolution of the Board dated August 23 2007 the registered office of the Company was shifted to 403 Vamsi Rishi Residency 6-3-865/B Green Lands Begumpet Hyderabad Telangana (erstwhile Andhra Pradesh) for administrative convenience. Thereafter pursuant to a resolution of the Board dated March 12 2011 the registered office of the Company was shifted to Plot No. 77 Jubilee Enclave Opposite to Hitex Madhapur Hyderabad ? 500 081 Telangana India with effect from May 22 2011 for administrative convenience. Key Events Milestones and Achievements:1999-Incorporation of the Company -Undertook works in overhauling and maintenance of gas turbines 2002-First boiler erection work of capacity 1 X 63 tph and 2 X 165 tph AFBC boilers and ETC of 20.85 MW and 55 MW steam turbine generators. 2004-Fist AMC of 655 MW combined cycle dual fuel based power plant 2007-Major ETC work of 2 units of thermal power plant of capacity 2 X 600 MW -Erection of structural steel steam generator and auxiliaries works for 3 boilers for 4000 MW (5X800 MW coal based power plant). This was the first 800 MW power plant in India. 2009-Raising of capital in the form of equity and compulsorily convertible preference shares. -First international work in Libya ? erection of 2 gas turbines. 2011 -Commenced civil and gas turbine erection work at Yemen Marib worth USD 61 million2012-Hydro Magus the subsidiary was incorporated to undertake EPC works of hydro projects. 2014-Entered into an MOU with Chengdu Pengrungrun New Energy Development Co. Limited Hong Kong Awards:2011-Best safety health and environment (SHE) award from CLP India Private Limited Paguthan 2012-Best safety conscious agency from Adani Power Maharashtra Limited at Tiroda -3 million accident free man hours award from SEPCO III at Jharsuguda 2013-Zero fatal accident and maximum safety working man hours of 1.68 million hours from Gujarat State Electricity Corporation Limited Sikka 2014-Certificate of appreciation for 30 million safe man hours award from Sasan Power Limited Ultra Mega Power Project