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McNally Bharat Engineering Co. Ltd. ( (IN:MBECL) ) has provided an update.
McNally Bharat Engineering Company Limited has announced that a Monitoring Committee meeting will be held on February 11, 2025, to approve the ‘Record Date’ for restructuring or reconstitution of the company’s share capital as per the Approved Resolution Plan. This meeting is a significant step in the company’s strategic financial restructuring, potentially impacting its market positioning and stakeholder interests.
More about McNally Bharat Engineering Co. Ltd.
McNally Bharat Engineering Company Limited operates in the engineering sector, providing comprehensive engineering solutions. Their services are primarily focused on infrastructure development projects, and they are recognized for their expertise in project execution within the engineering and construction industry.
YTD Price Performance: -17.70%
Average Trading Volume: 24,670
Current Market Cap: 616.3M INR
For detailed information about MBECL stock, go to TipRanks’ Stock Analysis page.