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| Exchange Disseminated Time | With reference to the earlier letter dated May 16, 2014, regarding Intimation of Board Meeting to be held on May 30, 2014, McNally Bharat Engineering Company Ltd has now informed BSE that in the said Board Meeting board will also consider :
- Proposal to raise resources in one or more tranche by way of fresh issue of Equity Shares/ Convertible Debentures/ Equity Share Warrants / Convertible Instrument etc. or any combination thereof to Promoters, Domestic Investors, Institutional Buyers, FIIs, NRIs & Corporate Bodies etc. on FPO/Rights/ Preferential-Private Placement basis or any other suitable mechanism to meet the working capital requirements & other purposes. |
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