Frequently Asked Question (FAQ)
1. What major event happened in June 2024 for EIEL?
- The National Company Law Tribunal (NCLT) approved a resolution plan for EIEL in June 2024.
2. What does the approved resolution plan signify for EIEL?
- It signifies more than financial restructuring; it represents a revamping and strengthening of EIEL’s core values, dedicated team, and enduring vision for infrastructure excellence.
3. What are EIEL’s commitments under the new management?
- Delivering Superior Projects, Driving Innovation, and Building Stronger Partnerships.
4. What are the key aspects of the NCLT-approved plan?
- New Management, Debt Restructuring, and Leveraging over 35+ years of construction experience.
5. Is the company bidding for new projects?
- Yes, Bidding & Tendering Process is in pipeline.
6. Is the new management same as previous one?
- New Management with new vision and motivation
7. What is the status of salary?
- Yes salary is being paid monthly without delays.
8. Is EIEL’s existing team being retained ?
- Yes & we are also hiring to expand the team. Please check the JOIN US section for the current openings with us
9. Who can be contacted for further queries?
- Any queries can be emailed at revival@eragroup.in and we will try our best to revert on it