McNally Bharat - Allotment Of Equity Shares On Conversion Of Convertible Warrants

McNally Bharat Engineering Company Ltd has informed that the Committee of Directors at its Meeting held on October 08, 2007 has allotted 1,000 Equity Shares of Rs 10/- each at a premium of Rs 133/- to Mr. Prabir Kumar Ghosh and 500 Equity Shares of Rs 10/- each at a premium of Rs 133/- to Mr. Dinesh Prasad Sinha on conversion of 1,000 and 500 Convertible Warrants respectively. The above equity shares shall be subject to lock-in for a period of one year from the date of allotment and shall rank pan passu in all respects with the existing equity shares of the Company.