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McNally Bharat Engineering Company informs about updates on open offer

31 Dec 2015 Evaluate

Motilal Oswal Investment Advisors ( Manager to the Offer) has submitted a Copy of Letter of Offer regarding Open offer (‘Offer’) for acquisition of up to 13,934,393 fully paid-up equity shares of the face value of Rs 10 each (‘Offer Shares’), representing 26% of the Emerging Voting Share Capital of McNally Bharat Engineering Company (the ‘Target Company’) at a price of Rs 100.0 per equity share payable in cash by EMC (the ‘Acquirer’) and PACs under the provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (‘SEBI (SAST) Regulations’).

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

Mcnally Bharat Engg Share Price

3.24 0.00 (0.00%)
20-Feb-2025 16:59 View Price Chart
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