McNally Bharat Engineering Company Ltd has informed that the Committee of Directors at its meeting held on April 04, 2008 has allotted the following:
a. 953,706 Equity Shares of Rs 10/- each as fully paid up to Goldman Sachs Investments (Mauritius) I Ltd - FCCB on conversion of FCCBs worth USD 3 million.
b. 14,53,000 Equity Shares of Rs 10/- each as fully paid up to Promoters, Associates and Executives of the Company on conversion of equal number of Warrants.
a. 953,706 Equity Shares of Rs 10/- each as fully paid up to Goldman Sachs Investments (Mauritius) I Ltd - FCCB on conversion of FCCBs worth USD 3 million.
b. 14,53,000 Equity Shares of Rs 10/- each as fully paid up to Promoters, Associates and Executives of the Company on conversion of equal number of Warrants.
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