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
- Others20
- Updates20
- Important16
- Board Meeting11
- Pledging4
- Investor Meet3
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 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 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.
MBL Infrastructure's Rs 82.77 Cr arbitration award for a road project was upheld. A Commercial Court dismissed challenges against the award, which also includes 12% p.a. continuing interest. This is a positive development.
MBL Infrastructure's corporate resolution plan is fully implemented, normalizing operations. The company secured ₹37.38 Cr cash credit and ₹303.63 Cr non-fund facilities, plus additional ₹350 Cr for new contracts. Promoters infused ₹111.65 Cr. Pending receivables total ₹3,120.68 Cr, including ₹229.95 Cr in arbitration awards.