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The ratings reaffirmation reflects MECON Limited’s (MECON) strong liquidity position as reflected by a sizeable free cash balance of around Rs. 591 crore outstanding as on March 31, 2022 and its status as a 100% Government of India (GoI) owned public sector undertaking (PSU), which lends it with a high degree of financial flexibility.
Sep 1, 2020 · The current status of Mecon Limited is - Active. The last reported AGM (Annual General Meeting) of Mecon Limited, per our records, was held on 27 September, 2023. Mecon Limited has six directors - Sukriti Likhi , Sanjay Kumar Verma , and others .
Jun 27, 2024 · The ratings reaffirmation reflects Mecon Limited [s (Mecon) strong liquidity position, reflected in its sizeable free cash/bank and liquid investments of over Rs. 550 crore and nil fund-based debt as on March 31, 2024. Its status as a 100% Government
The Central Bureau of Investigation (CBI) has filed a case against several officials of NMDC Limited and MECON Limited, two public-sector firms under the Union ministry of steel, and...
A GOVT. OF INDIA ENTERPRISE. Consultancy. Design & Engineering. Procurement of Plant & Equipment. Inspection. Construction & Project Management. Services & Erection of Turnkey Projects. Your needs are unique, so are our services.
MECON Limited, formerly known as Metallurgical & Engineering Consultants (India) Limited is a central public sector undertaking. It is under the ownership of Ministry of Steel, Government of India. It began in 1959 as the Central Engineering and Designing Bureau (CEDB) of the Hindustan Steel Limited (HSL), the first public sector steel company.
MECON has 3 employees across 4 locations and ₹8.89 b in annual revenue in FY 2023. See insights on MECON including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
