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McNally Bharat Engineering Co. Ltd. ( (IN:MBECL) ) has shared an announcement.
McNally Bharat Engineering Co. Ltd. has disclosed that it received fines from both the BSE and NSE due to non-compliance with SEBI’s Listing Obligations and Disclosure Requirements. Specifically, the company failed to meet board composition requirements by not appointing a woman director for the quarter ending June 30, 2025. This non-compliance has resulted in a financial impact on the company, highlighting the importance of adhering to regulatory standards to avoid penalties and maintain operational integrity.
More about McNally Bharat Engineering Co. Ltd.
McNally Bharat Engineering Co. Ltd. operates in the engineering industry, providing comprehensive engineering solutions and services. The company focuses on delivering projects across various sectors, including power, steel, mining, and infrastructure.
Technical Sentiment Signal: Sell
Current Market Cap: 557.8M INR
For detailed information about MBECL stock, go to TipRanks’ Stock Analysis page.