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McNally Bharat Engg Co Ltd
Ecospace Business Park
Campus-2B, 11F/12, Rajarhat,
Phone: +91 3344591111p:+91 3344591111 KOLKATA, 700160  India Ticker: MBECLMBECL
On 4/29/2022, the National Company Law Tribunal (NCLT), Kolkata Bench, admitted an Insolvency Petition filed against McNally Bharat Engineering Company Ltd. by the Bank of India requesting the commencement of a Corporate Insolvency Resolution Process for the Company.
On 8/26/2022, Mr. Ravi Sethia was appointed as the Resolution Professional for McNally Bharat Engineering Company Limited.
On 12/19/2023, the Resolution Plan filed in respect of the Insolvency Petition filed against McNally Bharat Engineering Company Limited by Bank of India was approved
Business Summary
McNally Bharat Engineering Company Limited (MBE) is an India-based engineering company. The Company is engaged in the diversified construction activities primarily execution of turnkey projects. It is involved in turnkey projects in infrastructure and related manufacturing activities. It is focused on engineering, procurement and construction business (EPC). It provides turnkey solutions in the areas of power, steel, aluminum, material handling, mineral beneficiation, pyro processing, pneumatic handling of powdered materials including fly ash handling and high concentrate disposal, coal washing, port cranes, cement, oil and gas, civic and industrial water supply. It manufactures a range of products for its various projects through its subsidiary company, McNally Sayaji Engineering Ltd. (MSEL). MSEL product range includes crushers and screens, mobile crushing and screening plants, skid mounted coal sizers, mills, pressure vessels, material handling equipment, and steel plant equipment.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
8711 Engineering services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board AdityaKhaitan 54 3/31/2015 6/27/2011
Interim Chief Financial Officer PradyumanBaidya 9/14/2022 9/14/2022
Compliance Officer, Company Secretary IndraniRay 12/7/2021 12/7/2021
Non-Executive Independent Director Asim K.Barman 12/1/2009 12/1/2009

Business Names
Business Name
532629
Humbodt Wedag Minerals India Pvt. Ltd.
MBE Coal & Mineral Technology GmbH
7 additional Business Names available in full report.

General Information
Number of Employees: 190 (As of 3/31/2023)
Outstanding Shares: 211,570,757 (As of 9/30/2023)
Shareholders: 24,020
Stock Exchange: NSE
Fax Number: +91 3344591009


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Friday, April 19, 2024