Patel Engineering (PATELENG) — Announcement

📢 Key Event
Rescue operation concluded; ex-gratia announced

💡 Investor Takeaway
The company will compensate families of the deceased workers with ₹5 lakh each.

Patel Engineering Limited announced that rescue operations for the Samardung Tunnel incident have concluded with all 25 trapped personnel recovered, and it will provide ₹5 lakh ex-gratia to each deceased worker's family.

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About Patel Engineering Limited (PATELENG)

Construction · Infrastructure Developers & Operators · Listed on NSE

Market Cap: ₹2,757.16 Cr P/E: 9.1 ROE: 6.3% ROCE: 10.4%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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