With reference to the earlier letter dated September 28, 2015 for the allotment of 10,000,000 equity shares made by the Company McNally Bharat Engineering Company has now informed that the Equity Shares issued to EMC Limited shall be kept in an Escrow Demat Account in accordance with the provisions of Regulation 22 (2A) of the SEBI (Acquisition of Shares & Takeovers) Regulations, 2011.
The above information is a part of company’s filings submitted to BSE.