McNally Bharat Reports No Loan Defaults Post-NCLT

Date: 7th October 2026

Disclosure Content

McNally Bharat Engineering Company Limited has filed a disclosure regarding defaults on loans from banks/financial institutions and unlisted debt securities as required by SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019.

Default Status as on September 30, 2026

• Loans/Revolving Facilities like Cash Credit from Banks/Financial Institutions:
• Total Amount outstanding: ₹ Nil
• Amount of default: ₹ Nil

• Unlisted debt securities (NCD/NCRPS):
• Total Amount outstanding: ₹ Nil
• Amount of default: ₹ Nil

• Total Financial Indebtedness (including short term and long term debt): ₹ Nil

Important Note

The disclosure includes a critical note stating that all loans have been fully settled as per the approved Resolution Plan under NCLT Order dated 19.12.2023 read with further Order dated 23.09.2025 (pronounced on 17.10.2025). However, No Dues Certificates from the concerned Banks/Financial Institutions are yet to be received. Pending these certificates, the Company's accounts are appearing as Non-Performing Assets (NPA) in RBI records.