BTL EPC Ltd acquired McNally Bharat Engineering Company Limited.

The company is one of the leading engineering company in eastern India, providing integrated project management solutions to industries across India, with a successful track record of delivering the best results in time. It is the flagship company of the Kolkata-based Shrachi Group.

Indcap acted as advisors to BTL EPC Ltd for the successful acquisition of McNally Bharat Engineering Company Limited:
▪ Analyzing the information provided by the Resolution Professional
▪ Assessment of Enterprise Value of the target based on available information
▪ Advising the client on positives and risks associated with the transaction
▪ Preparation of resolution plan under IBC
▪ Participating in various challenge process and strategizing for the same
▪ Negotiations and discussions with Committee of Creditors, Resolution Professional and legal advisors
▪ Revising the resolution plan basis the discussion and negotiations with the parties
▪ Representing the client at various forums