Corporate Action28 Aug 2026, 09:30 pm
McNally Bharat Engineering gets Trading Approval for 3.33 Cr Shares
AI Summary
McNally Bharat Engineering Company Ltd has received final trading permission for 3,33,33,334 equity shares of Rs. 10 each. These shares are issued on a preferential basis and post-capital reduction as per the Resolution Plan approved by the NCLT, Kolkata Bench. The shares will be listed and admitted to dealings on BSE and NSE effective September 01, 2026, and will trade in the T Group, specifically in the Trade-to-Trade segment. The company's issued and paid-up share capital has increased from Rs. 17.21 crore to Rs. 33.33 crore.
Key Highlights
- Trading approval granted for 3.33 crore equity shares.
- Shares issued on preferential basis and post-capital reduction.
- Listing and trading to commence from September 01, 2026.
- Shares will be in the T Group and Trade-to-Trade segment.
- Share capital increased to Rs. 33.33 crore.
Price Impact
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