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Modern Engineering inks facility agreement and Indenture of Mortgage with ICICI Bank
Jan-14-2025

Modern Engineering And Projects has entered into facility agreement and Indenture of Mortgage with ICICI Bank for availing loan upto of Rs 18 crore in one or more tranches for the purpose of acquiring office premises. The aforesaid loan facility to be availed by the company will be secured against office premises of the company i.e. Office No. 401 to 405, on 4th floor Building know as ‘Karamvir Sky City’ including 5 Automated Car Parking Space situated at Andheri, Mumbai. 

Modern Engineering And Projects is a BSE-listed company with complete focus on undertaking construction and development of infrastructure projects under Build, Operate and Transfer (BOT), Hybrid Annuity Mode (HAM) and others of National Highways Authority of India (NHAI).


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