Patel Engineering Limited has informed the Exchange regarding a press release dated May 07, 2024, titled "PATEL ENGINEERING IN JOINT VENTURE HAS BEEN DECLARED LOWEST (L1) FOR AN IRRIGATION PROJECT OF RS. 342.76 CRORE FROM OFFICE OF THE EXECUTIVE ENGINEER, GOVERNMENT OF MAHARASHTRA. PATEL ENGINEERING S SHARE IN THE CONTRACT IS RS. 119.97 CRORE".