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Incorporated in 1995, MBL Infrastructure Ltd provides integrated engineering, procurement and construction services for civil construction and other infrastructure projects
MBL Infra's corporate presentation highlights the recent implementation of its corporate resolution plan. This unlocked ₹100 Cr fund-based and ₹250 Cr non-fund-based facilities. Promoters infused ₹111.65 Cr, raising holding to 74.57%. All bank accounts are now standard, positioning for growth.
MBL Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication
MBL Infrastructure will conduct its 31st Annual General Meeting virtually. Share transfer books will be closed, and a cut-off date determines shareholder eligibility for e-voting on resolutions.
MBL Infra clarified its financial results, addressing ongoing IBC resolution finality and substantial investments in subsidiaries (totaling ~₹276 Cr) facing project terminations or insolvency. Management trusts these investments and claims from project overruns are recoverable, pending legal outcomes. Auditors reviewed these issues without modifying their report.
MBL Infrastructure's arbitration award of Rs 82.77 Cr was upheld as the Dehradun Commercial Court dismissed petitions challenging it. This is a significant positive development, bolstering receivables and potential cash flow for the infrastructure firm.