Punj Lloyd, the diversified engineering, procurement and construction (EPC) conglomerate, has secured an order worth Rs 550 crore from state-run Mangalore Refinery and Petrochemicals (MRPL) for construction related works.

Under the project, the company would construct coke drum structure package for Mangalore refinery.

Yesterday, Punj Lloyd has raised Rs 600 crore by issuing debentures on private placement basis. The committee of directors has allotted 1,750 and 42,500 secured redeemable non-convertible debentures, totaling to Rs 600 crore on private placement basis.

Shares of Punj Lloyd today closed at Rs 257 on the BSE, down 0.50 per cent from previous close.