Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
PEL board OKs ad hoc appointments post Rupen Patel's passing
Update / Judgement Date
07 Jul 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Patel Engineering (PEL) appointed Janky Patel as chairperson and Kavita Shirvaikar as acting managing director after the demise of Rupen Patel. Rahul Agarwal was named acting CFO. The company reported a consolidated net profit of Rs 68.83 crore in Q3 FY24, a significant increase from Rs 24.34 crore in Q3 FY23.