Engineers India Limited has informed that the board of directors of the company at its meeting held at the registered office of the Company at EI House, 1, Bhikaj I Cama Place, New Delhi-110066 has, inter-alia, considered the proposal for acquisition of 100% paid-up share capital of Projects and Development India Limited (PDIL) from President of India, acting through the Ministry of Chemicals & Fertilizers and given the approval of bidding for the same by way of Share Acquisition Route. Other details cannot be disclosed due to confidentiality of the matter.