MBL Infrastructure Ltd has issued a formal clarification to stock exchanges regarding recent movements in its share price, responding to surveillance queries from both NSE and BSE dated 08.04.2026. The company addressed concerns about price volatility while reaffirming its commitment to regulatory compliance and transparent disclosure practices.

Response to Exchange Queries

The company received queries from NSE (letter No. NSE/CM/Surveillance/16690) and BSE (email reference L/SURB/ONL/PV/APJ/2026-27/3550) seeking clarification on price movements. In its response dated 09.04.2026, MBL Infrastructure confirmed that all material information affecting company operations and performance, including price-sensitive information, is disclosed to exchanges and disseminated on its website www.mblinfra.com in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Factors Behind Price Movement

The company identified several factors that may have contributed to the recent price and volume behavior in its scrip:

Corporate Governance Commitment

MBL Infrastructure emphasized that the share price and volume movements are based on market conditions beyond the company's control. The management reiterated its adherence to the highest standards of corporate governance and maintains a transparent policy for disseminating information to all stakeholders under Regulation 30 of SEBI (LODR) Regulations, 2015.

Company Leadership

The clarification was signed by Anubhav Maheshwari, Company Secretary, who digitally signed the document on 09.04.2026. The response demonstrates the company's proactive approach to addressing regulatory queries and maintaining transparency with market participants and stakeholders.

MBL Infrastructure Limited has fulfilled its regulatory obligations by submitting the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on April 7, 2026, ensuring compliance with stock exchange requirements.

Regulatory Compliance Certificate

The certificate was issued by MUFG Intime India Pvt. Ltd. (formerly Link Intime India Private Limited), which serves as the Registrar and Share Transfer Agent for MBL Infrastructure Limited . The document, dated March 06, 2026, provides confirmation of compliance with specific SEBI regulations governing depositories and participants.

Key Findings from Certificate

The certificate confirms that during the quarter ended March 31, 2026, MUFG Intime India did not receive any requests for dematerialization or rematerialization from depository participants. This indicates stable shareholding patterns without significant conversion activities between physical and electronic form of securities during the reporting period.

Additionally, the registrar noted that the requirement to confirm to the depository regarding listed securities verification, mutilation, and cancellation procedures was not applicable during this quarter.

Corporate Communication

The submission was signed by Anubhav Maheshwari, Company Secretary of MBL Infrastructure Limited, with digital signature authentication dated April 7, 2026. The certificate from MUFG Intime India was signed by Swapan Kumar Naskar, Associate Vice-President & Head (North India).

This regulatory filing demonstrates MBL Infrastructure Limited's commitment to maintaining transparency and compliance with SEBI's regulatory framework, ensuring proper governance of its securities in the depository system.