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Mcnally Bharat Engineering

Nalwa Steel & Power, two others submit resolution plans for McNally Bharat

The three are among 17 entities to have shown interest in the Khaitan-owned Williamson Magor group firm, which is said to owe over Rs 3,700 cr various creditors

Nalwa Steel & Power, two others submit resolution plans for McNally Bharat
Updated On : 07 Dec 2022 | 11:36 PM IST

NARCL to buy loans of five distressed companies, lenders agreement awaited

In July, NARCL had proposed to take distressed assets of 17 firms worth Rs 93,249 crore including included five firms of the Future Group

NARCL to buy loans of five distressed companies, lenders agreement awaited
Updated On : 25 Aug 2022 | 2:42 PM IST

NCLT admits petition for CIRP against EPC firm McNally Bharat Engineering

Williamson Magor Group, which owns the firm, confirmed the development but indicated that options for resolution were still being looked at

NCLT admits petition for CIRP against EPC firm McNally Bharat Engineering
Updated On : 30 Apr 2022 | 12:37 AM IST

Another life for Eveready with an open offer, but what's in it for Burmans?

The Burman group on acquiring control intends to be a "promoter" of Eveready

Another life for Eveready with an open offer, but what's in it for Burmans?
Updated On : 12 Mar 2022 | 6:04 AM IST

McNally Bharat pins hope at strategic investors and partners for revival

MBEL has roped in a consortium of investors led by Turbovent Industries as a strategic investor in the company and due diligence is underway currently

McNally Bharat pins hope at strategic investors and partners for revival
Updated On : 03 Nov 2019 | 3:01 PM IST

In resolution plan, McNally Bharat Engineering looks to raise fresh capital

All major listed entities of B.M. Khaitan Group posted revenue decline in Q1

In resolution plan, McNally Bharat Engineering looks to raise fresh capital
Updated On : 15 Aug 2019 | 9:13 PM IST

Auditors raise concern over McNally Bharat's ability to remain in business

In the last fiscal year, McNally Bharat and one of its subsidiaries was unable to discharge its obligation for repayment of loans and settlement of other financial and non-financial liabilities

Auditors raise concern over McNally Bharat's ability to remain in business
Updated On : 31 May 2019 | 7:40 PM IST

McNally Bharat Engineering to declassify EMC as promoter shareholder

EMC is the company with which McNally Bharat Engineering had previously vied for a merger

McNally Bharat Engineering to declassify EMC as promoter shareholder
Updated On : 21 Mar 2019 | 10:47 PM IST