Controversial Adani Contractor Emerges Under New Name

A construction firm that was at the centre of a past investigation into one of India’s largest conglomerates has resurfaced as a major contractor for the group, through a new corporate identity.

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However, documents reviewed by this publication show Howe contains the core operations and management of PMC Projects Private Limited

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Company records reveal PMC’s engineering construction division was formally acquired by Howe in 2016

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The year after the inquiry began. Most of PMC’s senior staff also moved to the new entity.

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Both companies are ultimately owned by the same group of foreign shareholders based in Mauritius.

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Howe has swiftly grown into a giant firm with annual revenues now touching, according to its own filings.

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