MoU6 Mar 2025, 10:10 pm
K&R Rail Engineering Ltd Signs MoU with Indian Port Rail and Ropeway Corporation for Major Projects
AI Summary
K&R Rail Engineering Limited has entered into a Memorandum of Understanding (MoU) with Indian Port Rail and Ropeway Corporation Limited, a Public Sector undertaking under the Ministry of Shipping, Government of India. The MoU is for executing major Railways, Roads, Highways, Ports and other projects of larger volume, ranging from 50 Crores to 5000 Crores, for mutual benefit and seamless growth of both the organizations within India and Abroad. The MoU is in line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- K&R Rail Engineering Ltd has signed an MoU with Indian Port Rail and Ropeway Corporation Limited
- The MoU is for executing major infrastructure projects within India and Abroad
- The projects range from 50 Crores to 5000 Crores
- The MoU is in line with the SEBI Listing Regulations, 2015
- The partnership aims for mutual benefit and seamless growth of both the organizations