MBL Infrastructure Ltd has informed stock exchanges about an upcoming board meeting scheduled for Saturday, April 11, 2026, to consider important corporate proposals related to fund raising and equity issuance. The announcement was made through a regulatory filing dated April 7, 2026, in compliance with SEBI regulations.

Key Agenda Items

The board meeting will address two primary matters of significant corporate importance:

Equity Issuance to Promoter Group

The second major agenda item involves the issuance of equity shares to entities forming part of the promoter group. This proposed issuance is pursuant to the Resolution Plan that was approved under the Insolvency and Bankruptcy Code, 2016.

Trading Window Restrictions

The company has maintained its trading window closure for designated persons as part of its insider trading prevention measures. The restrictions remain in effect from April 1, 2026, and will continue until 48 hours after the declaration of audited financial results for both standalone and consolidated accounts for the quarter and year ended March 31, 2026.

Regulatory Compliance

This board meeting intimation serves as compliance with Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The notification was signed by Anubhav Maheshwari, Company Secretary of MBL Infrastructure Ltd, and submitted to both BSE Limited and National Stock Exchange of India Limited.

The outcomes of this board meeting could have significant implications for the company's capital structure and future growth plans, particularly regarding the fund raising initiatives and the equity allocation to promoter group entities under the approved resolution plan.

MBL Infrastructure Limited has presented a comprehensive overview of its operations, financial recovery, and strategic positioning in India's expanding infrastructure sector. The company, incorporated in 1995 and listed on BSE and NSE since 2010, has successfully emerged from the Corporate Insolvency Resolution Process (CIRP) with renewed focus on growth.

Resolution Plan Implementation and Financial Recovery

The company has successfully implemented its resolution plan approved under IBC 2016, with banks declaring September 04, 2024, as the implementation date. This milestone marks a significant turnaround for MBL Infrastructure after years of financial restructuring.

The resolution plan included equity infusion of ₹128.19 crores from promoters over three years, with ₹108.29 crores already infused. Promoter holding has increased to 74.01%, demonstrating strong commitment to the company's revival.

Current Project Portfolio and Revenue Streams

MBL Infrastructure operates a diversified portfolio spanning roads, highways, buildings, housing, urban infrastructure, railways, and metro projects. The company currently manages two active BOT (Build-Operate-Transfer) projects generating steady revenue streams.

The company's current construction and maintenance projects total ₹88,831 lakhs, with construction projects valued at ₹64,835 lakhs and maintenance projects at ₹23,996 lakhs.

Strategic Growth Plans and Market Opportunities

MBL Infrastructure has set an ambitious order target of ₹3,800 crores through FY27, positioning itself to capitalize on India's massive infrastructure expansion. The company has been pre-qualified for NHAI's 'User Fee Collection' tender with a net worth of ₹1,244 crores as of FY24.

The presentation highlights significant market opportunities, including:

• India's Vision 2047 plan to add 200,000 km of national highways
• National Infrastructure Pipeline investments exceeding ₹100 lakh crore
• Union Budget 2026-27 allocation of ₹3 lakh crore for road infrastructure
• Pradhan Mantri Gram Sadak Yojana Phase IV targeting 125,000 km of rural roads

Financial Performance and Recovery Trajectory

The company's financial statements reflect the impact of the resolution process and subsequent recovery. For FY25, consolidated income reached ₹248.35 crores, while the standalone business showed improved EBITDA margins of 11.79% compared to 7.87% in FY24.

Claims Management and Asset Recovery

MBL Infrastructure maintains a robust claims management system with total claims of ₹319,054 lakhs and arbitration awards of ₹22,671 lakhs. The company continues pursuing receivables through negotiations, arbitrations, and litigation while maintaining long-term client relationships.

Operational Capabilities and Client Base

The company boasts extensive operational capabilities including in-house design and engineering, construction expertise, and dedicated quarrying, bitumen, and concrete divisions. MBL Infrastructure maintains a large fleet of construction equipment and serves prestigious clients including NHAI, Ministry of Road Transport & Highways, Delhi Metro Rail Corporation, and various state development corporations.

With its resolution plan successfully implemented and banking facilities restored, MBL Infrastructure is positioned to leverage India's infrastructure boom while building on its three-decade legacy in the sector.