Held on 12 November 2014
Pradeep Metals announced that the Board of Directors of the Company at its meeting held on 12 November 2014, have taken the following decisions:1. Decided, in principle, to install 2.1 MW Wind Power Plant for captive use at project cost of about Rs. 14 crore and invest about Rs. 16.80 crore in a joint venture to be formed in USA for acquiring a CNC Machine Shop. These will be financed from permissible bank loans and internal accruals.
2. Appointment of Rajeev Dixit as Chief Financial Officer of the Company.
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