
Quarterly Result28 May 2026, 11:50 pm
MBECL approves FY26 results; CFO Rupayan Majumdar resigns, Harish Avadhani appointed
AI Summary
McNally Bharat Engineering Company Limited's Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. Concurrently, the Board noted the resignation of Mr. Rupayan Majumdar as Chief Financial Officer, effective May 30, 2026, citing personal reasons. Mr. Harish Avadhani was appointed as the new Chief Financial Officer and Key Managerial Personnel, effective June 1, 2026. Mr. Avadhani, who joined MBECL in April 2026 as President – Commercial & Finance, brings extensive experience from previous roles at Garden Silk Fashion, Gainwell Commosales, and India Power Corporation.
Key Highlights
- Board approved Audited Standalone and Consolidated Financial Results for Q4 and FY ended March 31, 2026.
- Mr. Rupayan Majumdar resigned as Chief Financial Officer, effective May 30, 2026, due to personal reasons.
- Mr. Harish Avadhani appointed as new Chief Financial Officer and KMP, effective June 1, 2026.
- Mr. Avadhani has extensive experience in finance, commercial, and materials management across various industries.
Price Impact
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