Corporate Announcement
Security Code : 532629    Company : MBECL    
 
Updates on Open Offer 
  Exchange Disseminated Time     
Motilal Oswal Investment Advisors Private Limited ("Manager to the Offer"), for and on behalf EMC Limited ("Acquirer") and PACs has informed BSE about this advertisement to the Public Shareholders of McNally Bharat Engineering Company Ltd ("Target Company"),pursuant and in compliance with the Regulation 18(7) of the SEBI (SAST) Regulations in respect of the open offer ("Offer") to acquire up to 1,39,34,393 (One crore thirty nine lacs thirty four thousand three hundred and ninety three) fully paid up equity shares Of face value of 10/- (Rupees Ten) each ("Shares") of the Target Company. The detailed public statement ("DPS") and Corrigendum to the detailed public statement ("Corrigendum to DPS") with respect to the Offer was made and published on July 7, 2015 and December 31, 2015.
 

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