February 01, 2015 8:36 AM ET

Construction and Engineering

Company Overview of Megha Engineering & Infrastructures Limited

Company Overview

Megha Engineering & Infrastructures Limited provides engineering and infrastructure services for irrigation, hydrocarbons, and industrial infrastructure industries in India. It offers services for irrigation and drinking water projects; power generation, transmission, and distribution projects; metro rail projects; hydrocarbon and sewage treatment projects; buildings and industrial infrastructure projects; and transportation projects, including construction of highways. The company also engages in media business by displaying mobile digital platforms that provides content in the areas of entertainment, information, and advertising in buses operated by regional road transport corporations. It...

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Technocrats Industrial Estate (T.I.E.)

Balanagar

Hyderabad,  500 037

India

Founded in 1989

Phone:

91 40 4433 6700

Fax:

91 40 4433 6800

Key Executives for Megha Engineering & Infrastructures Limited

Managing Director and Director
Vice President
Compensation as of Fiscal Year 2014.

Megha Engineering & Infrastructures Limited Key Developments

Megha Airways Looks To Sell Majority Stake

Vankayalapati Umesh, promoter-Director of Turbo Megha Airways Pvt Ltd. is in talks with Megha Engineering & Infrastructure Ltd. (MEIL) to sell a majority stake in the regional airline. "MEIL (Megha Engineering and Infrastructures) has shown interest and talks are currently on," Umesh told ET, "We expect to close the deal in a month or so." "We are currently doing due diligence," MEIL Managing Director PV Krishna Reddy said, "Given the turbulent nature of the Indian and global aviation industry, where most players are bleeding, we want to take a cautious call only after an extensive due diligence process, which should take few more weeks to complete." "I have the required domain expertise and operational capabilities but certainly not the financial muscle," Umesh said, adding, "Hence the talks with my large customers of charter aircraft for equity investment."

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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