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McNally Bharat Engineering Company updates on allotment of shares to EMC

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Shares issue to EMC kept in Escrow Demat Account

With reference to the earlier letter dated 28 September 2015 for the allotment of 10,000,000 equity shares made by the Company McNally Bharat Engineering Company announced that the Equity Shares issued to EMC shall be kept in an Escrow Demat Account in accordance with the provisions of Regulation 22 (2A) of the SEBI (Acquisition of Shares & Takeovers) Regulations, 2011.

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First Published: Wed, September 30 2015. 10:33 IST
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