MoneyWorks4Me

McNally Bharat Engineering Company informs about outcome of board meeting

24 Oct 2015 Evaluate

McNally Bharat Engineering Company has informed that as a part of its business realignment strategy, the Board of Directors of the Company at their meeting held on October 23, 2015 has decided to transfer 100% holding of the Company in MBE Coal & Mineral Technology India Private (CMT India), a 99.99% subsidiary of the Company, to another subsidiary, McNally Sayaji Engineering.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
View more..