Power Mech Projects Ltd to expore business opportunities in Africa
The Board of Directors of Power Mech Projects Ltd have decided to explore business opportunities in Nigeria & other African countries by establishing a joint venture entity in Lagos, Nigeria with an intent to undertake activities of repair of Steam/Gas Turbine, engineering services, component repair services and related repair services in Africa.
The Board has appointed Mr. Sutanu Behuria as Additional Director - Independent Category and also appointed of Mr. M. Rajiv Kumar as Additional Director - Non Executive Category and approved the payment of consultancy fees subject to the prior approval of shareholders by way of Postal Ballot and authorized the Company Secretary to do all such acts as may be required in this regard.
The Board accepted the resignation of Mr. Rakesh Sony as Director from the Board.