The Board Meeting to be held on 13/05/2025 Stands Cancelled.
Awaiting price reaction for this filing.
McNally Bharat Engineering Company has informed stock exchanges that the Board Meeting previously scheduled for May 13, 2025 has been postponed indefinitely due to unavoidable reasons. The meeting will now be held on a date to be announced later. This follows the company's earlier intimation dated April 30, 2025, which had originally fixed the date. The letter has been signed by the Company Secretary Indrani Ray and uploaded on the company's website. Investors were likely expecting this meeting to approve the March-quarter (Q4 FY25) financial results, which is the typical agenda for board meetings held in mid-May.
Short-term uncertainty for shareholders awaiting Q4 results and any board decisions; however, postponements of this nature are usually administrative and the meeting is expected to be rescheduled soon.