
Quarterly Result28 May 2026, 11:35 pm
MBECL Board approves FY26 results; appoints Harish Avadhani as new CFO
AI Summary
McNally Bharat Engineering Company Limited's Board of Directors, at its meeting on May 28, 2026, approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board also noted the resignation of Mr. Rupayan Majumdar as Chief Financial Officer, effective May 30, 2026. Concurrently, Mr. Harish Avadhani was appointed as the new Chief Financial Officer and Key Managerial Personnel, effective from June 1, 2026. Mr. Avadhani joined the company as President – Commercial & Finance in April 2026 and brings extensive experience from previous roles at Garden Silk Fashion, Gainwell Commosales, and India Power Corporation.
Key Highlights
- Board approved Audited Standalone & Consolidated Financial Results for FY26.
- CFO Rupayan Majumdar resigned, effective May 30, 2026.
- Harish Avadhani appointed as new CFO and KMP from June 1, 2026.
- Avadhani has extensive experience in finance and commercial roles.
Price Impact
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