BSECompany Update11 Aug 2026 · 11 Aug 2026, 04:37 pm
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.
McNally Bharat Engineering Company Ltd · 532629
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McNally Bharat Engineering Company Ltd has received a favourable judgment from the Hon'ble High Court of Delhi, dismissing a petition filed by Metso India Private Limited and directing the release of Rs. 5.52 crore deposited with the Court, along with accrued interest.
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McNally Bharat Engineering Company Ltd - 532629 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
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McNally Bharat Engineering Company Limited
CIN: L45202WB1961PLC025181
Registered Office: Ecospace Campus 2B 11F/12
New Town Rajarhat North 24 Parganas Kolkata-700160
Telephone +91 33 68311001/+91 33 68311212
Email: mbe.corp@mbecl.co.in Website: www.mcnallybharat.com
An ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 Certified Company
11th August 2026
The National Stock Exchange of India Limited
Exchange Plaza, 5th floor, Plot # C/1, ‘G’ Block
Bandra Kurla Complex, Bandra (East)
Mumbai – 400 051.
BSE Limited
Corporate Relations Department
1st Floor, New Trading Ring, Rotunda Building
Phiroze Jeejeebhoy Towers, Dalal Street
Fort, Mumbai – 400 001
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing
Regulations”).
Scrip Code/Symbol: 532629 / MBECL
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI LODR Regulations”), read with Para A of Part A of Schedule III
thereto, we wish to inform that the Hon’ble High Court of Delhi, vide its judgment dated
3rd August 2026 in O.M.P. (COMM) 362/2018, in the matter of McNally Bharat Engineering
Company Limited vs. Metso India Private Limited, has dismissed the petition filed under
Section 34 of the Arbitration and Conciliation Act 1996, as having become infructuous and
directed to release to the Company the amount deposited with the Court, together with accrued
interest. The Order was received by the Company on 10th August 2026.
The details as required under Regulation 30 of the SEBI Listing Regulations read with Clause
20 of Para A of Part A of Schedule III and SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed herewith.
This is for your information and record.
Yours faithfully,
For McNally Bharat Engineering Company Limited
Indrani Ray
Company Secretary
Encl: As above
Page 1 of 2
McNally Bharat Engineering Company Limited
CIN: L45202WB1961PLC025181
Registered Office: Ecospace Campus 2B 11F/12
New Town Rajarhat North 24 Parganas Kolkata-700160
Telephone +91 33 68311001/+91 33 68311212
Email: mbe.corp@mbecl.co.in Website: www.mcnallybharat.com
An ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 Certified Company
Details as required under Clause 20 of Para A of Part A of Schedule III of Regulation 30 of
the SEBI Listing Regulations read with SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Sl. Particulars Details
1 Name of the Authority Hon’ble High Court of Delhi
2 Nature and details of the action(s) The Hon’ble Court held that the claim of Metso India
taken, or order(s) passed Pvt. Ltd. arising out of the arbitral award stood
extinguished pursuant to the approval of the
Resolution Plan of the Company under the
Insolvency and Bankruptcy Code, 2016, as the said
claim was not part of the approved Resolution Plan.
Further, the Hon’ble Court has directed the Registry
to release to the Company the amount of Rs.5.52
crore deposited with the Court, along with interest
accrued thereon in the Fixed Deposit.
3 Date of receipt of direction or Copy of the Order received by the Company on 10th
order, including any ad-interim or August 2026.
interim orders, or any other
communication from the authority
4 Details of the violation(s) / Not applicable. The order is a favourable disposal of
contravention(s) committed or the Company's own petition and does not record or
alleged to be committed allege any violation or contravention by the
Company.
5 Impact on financial, operation or The Order is favourable to the Company. Pursuant to
other activities of the listed entity, the judgment, the claim of Metso India Pvt. Ltd.
quantifiable in monetary terms to arising from the arbitral award dated 05 May 2018
the extent possible stands extinguished, and no further liability survives
against the Company in respect thereof. The
Company also becomes entitled to release of the
amount of approximately Rs. 5.52 crore deposited
with the Hon'ble Court, together with accrued
interest, which shall accrue as an asset/cash inflow to
the Company upon actual release by the Court
Registry.
There is no material adverse impact on the financial,
operational or other activities of the Company on
account of this order.
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