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THE WILLIAMSON MAGOR GROUP
NCLT admits tea producer McLeod Russel for bankruptcy proceedingsThe bankruptcy proceedings were initiated by construction company Techno Electric and Engineering Company in 2019 over a default on interes...- Promoters willing to infuse funds into McNally Bharat: Srinivas Singh, managing directorMcNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companie...
- Two top lenders file petitions against McNally Bharat in NCLTA consortium of banks that include public sector lenders, private sector banks and foreign banks are owed around ₹4,000 crore by the compan...
- Promoter group Khaitan family's stake in Eveready falls below 5%The shareholding of the promoter group in the Kolkata-based firm has been falling with banks and financial institutions continuing to invok...
- McNally Bharat close to reaching rescue dealThe lenders are currently evaluating the final binding offer and expect to take a final call before end-March 2020 so that the banks can co...
- Eveready appoints two senior finance officials, co denies restructuringSuvamoy Saha, who was the CFO for a long stint, will now continue as a whole-time director.
- Eveready to form JV with McLeod Russel IndiaThe joint venture, if finalised, will bring their skills of marketing and distribution to focus and develop the packet tea business.
- EMC to merge with Williamson Magor engineering subsidiariesIf approved, the merged entity will become a complete solution provider for power plants as well as power transmission units, material hand...
- Williamson Magor may merge engineering arms in a bid to restructure operationsThe Kolkata-based group is toying with the idea of merging McNally Bharat Engineering, its subsidiary McNally Sayaji Engineering and Kilbur...
- CCI approves EMC's additional stake buy in McNally BharatThe Competition Commission has cleared EMC's proposed acquisition of 19.77 per cent stake in McNally Bharat Engineering Company Ltd.
- EMC plans Rs. 100-crore equity infusion into McNally BharatThe debt-laden and struggling engineering firm of the Williamson Magor Group will be controlled jointly by the Khaitan family and EMC.
- McNally Bharat shares zoom 20%; hit upper circuitShares of McNally Bharat Engineering zoomed 20 per cent today as the company entered into an agreement with EMC and Williamson Magor Group ...
- McNally Bharat zooms 20%; investors may not get a chance to dip in, says expertMcNally surged 20 per cent in in intradat trade on Wednesday after the company raised Rs 100 crore equity capital.
- Deepak Khaitan of Williamson Magor group passes awayDeepak Khaitan is dead. The eldest son of Brij Mohan Khaitan breathed his last Monday morning at his residence in Kolkata.
- McNally Bharat to raise Rs 125 crore; another round of funding on cardsThe move is part of the company's corporate strategy to raise as much as Rs 250 crore it had decided in May last.
- Williamson Magor Group patriarch Brij Mohan Khaitan devises asset distribution formula for his groupCollective management of the assets conceived by the 87-year old group patriarch ensures that the family stays together and guides the comp...
- McNally Bharat Engineering gets Rs 210-cr orderThe statement was released by McNally Bharat Engineering(MBEL) in a BSE filing.
- McNally Bharat Eng bags Rs 85 cr orderMcNally Bharat Engineering today has bagged about Rs 85 crore order from Vedanta Group firm for a copper plant.
- McNally to set up plant in West BengalMcNaly Bharat Engineering Company Ltd plans to set up a plant in the state at an initial investment of Rs 20 crore.
- Williamson Magor Group exits WPILLeading tea producer, Williamson Magor (WM) Group has exited from WPIL Ltd as three companies of WM Group have sold 13.98 lakh equity share...
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