MBL Infrastructure Limited
Incorporated in 1995, MBL Infrastructure Ltd provides integrated engineering, procurement and construction services for civil construction and other infrastructure projects
What MBL files
- Updates20
- Others20
- Important16
- Board Meeting11
- Pledging4
- Investor Meet3
MBL Infra shareholders greenlit two special resolutions: re-appointing an Independent Director and authorizing future security issuance. Both passed with strong majority, signaling investor confidence and potential capital upside.
MBL Infra shareholders approved the re-appointment of Independent Director Mr. Ram Dayal Modi and the issuance of securities through a postal ballot. This provides the company flexibility for future capital actions.
MBL's Resolution Plan for subsidiary MPTRCL approved, ending its insolvency. MBL will infuse Rs 9.11 Cr equity, settling all debt with PNBIL. MPTRCL becomes debt-free, with future operational surplus flowing to MBL. Management control is restored.
MBL Infra implemented its debt resolution plan in Sept 2024, with promoter holding increasing to 74.01%. FY25 consolidated PAT turned positive at ₹169.49 Cr, partly due to exceptional income. The company actively pursues claims worth ₹3197 Cr, including ₹251 Cr in arbitration awards.
MBL Infrastructure has secured a favorable arbitration award against Telecommunications Consultants India Ltd (TCIL). The award grants the company 1.24 Cr, plus 9% annual interest if not paid within three months. Additionally, a Bank Guarantee of 1.70 Cr will be returned to the company, providing a boost to liquidity and...