McNally Bharat Engineering Company has informed the exchanges that its board of directors on Friday passed a resolution to re-classify the shares held by EMC Ltd from promoter group category to public category. According to March-end shareholding pattern, EMC holds 1.01 crore shares, or 5.89 per cent stake, in the company. Shares of McNally Bharat climbed 1.56 per cent at ₹6.50 on the NSE.
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