McNally Bharat allots 6,35,804 equity shares to Goldman Sachs on conversion of FCCBs

McNally Bharat Engineering Company Ltd has announced that the Committee of Directors of the Company at its meeting held on July 20, 2007 has allotted 6,35,804 Equity Shares of Rs 10/- each as fully paid up to Goldman Sachs Investments (Mauritius) I Ltd - FCCB on part conversion of FCCBs.

The stock was trading at Rs.198.80, down by Rs.0.20 or 0.10%. The stock hit an intraday high of Rs.201 and low of Rs.198. The total traded quantity was 10766 compared to 2 week average of 131241.

Source : Equity Bulls

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