Mcnally Bharat Engineering Company Limited — Board Meeting, 11-02-2025: Outcome of Board Meeting

The Board has approved the unaudited financial results for the quarter and nine months ended December 31, 2024, revealing a net loss of ₹71.71 crore. It has ratified February 21, 2025, as the record date to determine equity shareholders eligible for a payout of ₹21.16 crore in line with the resolution plan, which will reduce existing equity held by public shareholders to 5%. Additionally, Ms. Anuradha Gupta has been appointed as an Independent Director effective February 14, 2025. The meeting concluded after significant discussions spanning early morning to late evening.