McNally Bharat Engineering Company Limited has announced that its Board of Directors will convene on February 20, 2026, to review and approve the company's quarterly financial performance. The meeting has been scheduled in accordance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Agenda

The primary focus of the board meeting will be to consider, approve, and take on record the unaudited financial results for the third quarter of fiscal year 2026. The board will review comprehensive financial data covering multiple reporting periods.

Regulatory Compliance and Communication

The company has fulfilled its regulatory obligations by formally notifying both major Indian stock exchanges about the upcoming board meeting. The notification was sent to the National Stock Exchange of India Limited and BSE Limited on February 17, 2026.

Stock Exchange Information

Company Background

McNally Bharat Engineering Company Limited operates as an ISO certified organization, holding certifications for ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. The company maintains its registered office at Ecospace Campus in New Town Rajarhat, North 24 Parganas, Kolkata.

Corporate Information

• CIN: L45202WB1961PLC025181
• Registered Office: Ecospace Campus 2B 11F/12, New Town Rajarhat North 24 Parganas Kolkata-700160
• Website: www.mcnellybharat.com
• Email: mbe.corp@mbeccl.co.in

The notice has been uploaded on the company's official website and will be hosted on the respective stock exchange websites for public access and transparency.

Viksit Engineering Limited announced its quarterly results for Q3FY26 ended December 31, 2025, along with key corporate developments approved by the Board of Directors in their meeting held on February 14, 2026.

Financial Performance Overview

The company reported mixed financial results for the quarter, with significant variations compared to the previous quarter. The financial performance shows the ongoing impact of the company's restructuring process following the Corporate Insolvency Resolution Process (CIRP).

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company demonstrated improved performance with a net profit of Rs 22.29 lacs compared to a net loss of Rs 70.19 lacs in the corresponding period of the previous year. Revenue from operations for the nine-month period stood at Rs 41.09 lacs, while total expenses were Rs 9.11 lacs.

Corporate Actions and Equity Issuance

The Board of Directors approved significant corporate actions during the meeting:

This equity issuance is part of the ongoing implementation of the Resolution Plan approved under the Corporate Insolvency Resolution Process.

Resolution Plan Implementation Status

The company has made significant progress in implementing its NCLT-approved Resolution Plan. The Resolution Plan was approved by the National Company Law Tribunal (NCLT), Mumbai Bench, through its order dated February 11, 2025. The Monitoring Committee, which was constituted to oversee the execution of the Resolution Plan, successfully completed its duties and was dissolved on July 25, 2025.

The company is currently focused on implementing the remaining components of the approved Resolution Plan, including the fresh equity share issuance to the resolution applicant as per the terms and conditions specified in the plan.

Auditor's Observations

The independent auditor's review report highlighted key concerns regarding the company's going concern status. The auditor noted that continuous losses, absence of regular operations, and erosion of net worth raise doubts about the company's ability to continue as a going concern. However, the financial results have been prepared assuming the company will continue operations.

Meeting Details and Compliance

The Board meeting was conducted on February 14, 2026, commencing at 03:00 P.M. and concluding at 04:00 P.M. The meeting addressed the quarterly results approval and strategic corporate actions in compliance with SEBI regulations. The company maintains its commitment to regulatory compliance and transparent disclosure of financial information to stakeholders.