PSL Ltd, one of the largest capacity steel pipe manucaturers in the country, has bagged a Rs. 343 crore order from Larsen and Toubro (L & T). This is for the supply of spiral welded steel piles, coating and other related works pertaining to water projects undertaken by the Gujarat Water Resources Development Corporation Ltd (GWRDC) and the National Water Resources Development Council (NWRDC).
**Meanwhile, PSL has informed the Bombay Stock Exchange that it will allot 50 lakh equity shares of Rs. 10 each on a preferential allotment basis. The final decision would be taken at the extra ordinary general meeting scheduled for April 7, 2005.
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