MBL Infrastructure Ltd ( company name ) has scheduled its 31st Annual General Meeting (AGM) for Saturday, September 12, 2026, at 3:00 p.m. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI). This virtual format ensures shareholder participation while adhering to regulatory guidelines for corporate governance during specified periods.

The company has announced that its Register of Members and Share Transfer Books will remain closed from September 5, 2026, to September 12, 2026, both days inclusive. This closure period is essential for finalizing the list of shareholders entitled to participate in the AGM. The cut-off date for determining voting eligibility is set as September 5, 2026. Only individuals whose names appear in the Register of Members or the Register of Beneficial Owners maintained by depositories as of this cut-off date will be eligible to vote.

Voting Eligibility and Process

Shareholders eligible as of the cut-off date can exercise their voting rights through remote e-voting or e-voting during the AGM. This mechanism aligns with the provisions of the Companies Act, 2013, read with the Companies (Management and Administration) Amendment Rules, 2015. Additionally, the disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and adherence to listing norms.

The notice was issued on August 11, 2026, by Anubhav Maheshwari, Company Secretary, serving as formal intimation to the Bombay Stock Exchange and the National Stock Exchange of India Limited. Investors are advised to ensure their holdings are recorded before the cut-off date to retain voting rights for the resolutions proposed at the upcoming meeting.

The Commercial Court in Dehradun has dismissed petitions filed by the Public Works Department (PWD), Government of Uttarakhand, challenging an arbitration award in favour of MBL Infrastructures . The ruling on July 28, 2026, upholds the award dated December 14, 2024, concerning the 'Improvement and Strengthening of Roads in the District of Udham Singh Nagar (Package No. C-2)' project. This development secures a receivable of ₹82.77 crore for the company, including accrued interest, and eliminates legal uncertainty surrounding this specific contractual dispute.

Court Ruling and Award Details

The Commercial Court dismissed the petitions filed under Section 34 of the Arbitration and Conciliation Act, 1996. The award value stands at ₹82.77 crore as of July 27, 2026. Interest continues to accrue at 12% per annum until payment is made to the company. The following table outlines the key details of the resolved matter:

Management Commentary

Anjanee Kumar Lakhotia, Chairman and Managing Director, stated that the company is actively pursuing its receivables through various stages of negotiation, discussion, arbitration, and litigation. He emphasised the company's aim to resolve disputes amicably while preserving long-term relationships with customers. The dismissal of the PWD's challenge represents a significant step in converting this disputed amount into a firm financial claim.

What the Numbers Show

The upholding of the ₹82.77 crore award strengthens MBL Infrastructures' balance sheet outlook by reducing the risk of write-offs associated with this specific project. The continued accrual of interest at 12% per annum adds incremental value to the receivable over time. This outcome highlights the effectiveness of the company's dispute resolution strategy in recovering funds from government entities, a critical factor for infrastructure firms facing delayed payments.