Mold Tek Technologies Board approves investment of Rs.15 Crores in KPO campus

Mold Tek Technologies Ltd has announced that the Board of Directors of the Company at its meeting held on October 23, 2006, inter alia, has approved to up the investment in KPO Campus to Rs 15.00 crores to house upto 400 resources, in view of excellent growth prospects and new areas of engineering services. The Company has already acquired land for KPO at Jubilee hills, Hyderabad.

Further the Company has informed that Board also approved to establish marketing office in USA to enhance business opportunities.

Source : Equity Bulls

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