ReferIndia News Patel Engineering Secures Rs 90 Crore Funding for Growth and Debt Service

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Patel Engineering Secures Rs 90 Crore Funding for Growth and Debt Service

Published on: Aug. 29, 2025, 2:35 p.m. | Source: Devdiscourse

Patel Engineering has raised Rs 90 crore through a private placement of 9,000 non-convertible debentures. The funds will be used for working capital, debt repayment, and supporting new projects. The move is part of the company's strategy to expand operations and maintain financial efficiency.

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