Williamson Major pledges 2.89 pc stake in McNally Bharat Engg

McNally Bharat Engineering Co today said one of its promoters has pledged 2.89 per cent stake with lenders.

MUMBAI: McNally Bharat Engineering Co today said one of its promoters has pledged 2.89 per cent stake with lenders.

In a disclosure to the Bombay Stock Exchange, McNally Bharat said Williamson Major & Co has pledged nine lakh shares representing 2.89 per cent stake in the company.

At the end of the December quarter, Williamson Magor & Co held 6.07 per cent stake in the company.

Shares of McNally Bharat Engineering were trading at Rs 34.70, up 0.87 per cent in the afternoon trade on the BSE.
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