MBL Infrastructure Shareholders Approve Director Re-appointment and Securities Issuance via Postal Ballot

MBL Infrastructure Ltd has announced the outcome of its postal ballot voting process, confirming that shareholders have approved the re-appointment of an Independent Director and the issuance of securities. The voting was conducted through a remote e-voting system facilitated by NSDL, in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proceedings were completed on May 15, 2026, and the results have been filed with stock exchanges as a compliance disclosure under Regulation 30.

Postal Ballot Process

The Postal Ballot Notice, dated April 11, 2026, was sent electronically to all eligible members on April 15, 2026. A public advertisement was subsequently published on April 17, 2026 in Financial Express (English, All India) and Jansatta (Hindi, New Delhi). The record date for determining shareholder eligibility was April 10, 2026, on which a total of 25,859 members were recorded. The remote e-voting window opened at 09:00 am IST on April 16, 2026, and closed at 05:00 pm IST on May 15, 2026.

The Board of Directors appointed Ms. Anjali Yadav, Practicing Company Secretary (Membership No. FCS 6628) of M/s Anjali Yadav & Associates, as the Scrutinizer to oversee the remote e-voting process in a fair and transparent manner. The Scrutinizer unblocked the votes cast under e-voting and downloaded the details at 5:10 PM IST on May 15, 2026 from the NSDL portal in the presence of two witnesses, before rendering her report to the Chairman. The Chairman took the report on record and declared that both resolutions were passed with the requisite majority.

Voting Results

Two special resolutions were placed before shareholders. The first proposed the re-appointment of Mr. Ram Dayal Modi (DIN: 03047117) as an Independent Director. The second sought approval for the issuance of securities. The detailed voting patterns across shareholder categories for both resolutions are outlined below.

Resolution 1: Re-appointment of Independent Director

Category:	No. of Shares Held	Votes Polled	Votes in Favour	Votes Against	% Favour
Promoter and Promoter Group	112882976	11,06,98,763	11,06,98,763	-	100.00
Public Institutions	671316	5,50,000	5,50,000	-	100.00
Public-Non Institutions	38974964	52,02,585	52,01,127	1,458	99.97
Total	152529256	11,64,51,348	11,64,49,890	1,458	99.99

Resolution 2: Issuance of Securities

Category:	No. of Shares Held	Votes Polled	Votes in Favour	Votes Against	% Favour
Promoter and Promoter Group	112882976	11,06,98,763	11,06,98,763	-	100.00
Public Institutions	671316	5,50,000	5,50,000	-	100.00
Public-Non Institutions	38974964	52,02,435	52,01,331	1,104	99.98
Total	152529256	11,64,51,198	11,64,50,094	1,104	99.99

Votes cast in favour of both resolutions significantly exceeded those against across all shareholder categories. The detailed results and the Scrutinizer's report have been made available on the company's website at www.mblinfra.com and have been forwarded to NSDL, the National Stock Exchange of India, and BSE Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.11%	0.0%	+0.12%	-27.06%	-41.29%	+10.77%

MBL Infrastructure Limited has announced the completion of dispatch of postal ballot notices to its members as part of a regulatory compliance exercise. The company sent the notices along with explanatory statements through electronic mode on April 15, 2026, exclusively to members whose names appeared in the Register of Members or the Register of Beneficial Owners maintained by the depositories as of April 10, 2026, which serves as the cut-off date.

The announcement was made through newspaper publications in Financial Express (English, All India) and Jansatta (Hindi, New Delhi) on April 17, 2026. This publication serves as compliance with Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and the requirements of the Companies Act, 2013.

Key Details of the Postal Ballot

Parameter	Details
Cut-off Date	April 10, 2026
Dispatch Date	April 15, 2026
Publication Date	April 17, 2026
Voting Mode	Remote e-voting (electronic means only)

The postal ballot process has been initiated in accordance with the provisions specified in the Ministry of Corporate Affairs (MCA) Circular. Members whose names were recorded in the company's registers as of the cut-off date are eligible to participate in the voting process through electronic means.

Regulatory Compliance

The company has informed both BSE Limited and National Stock Exchange of India Limited about the postal ballot notice publication. The communication was addressed to the Secretary of BSE Limited and the Manager of NSE, confirming that the newspaper advertisement was published on April 17, 2026. The notice confirms that the company has fulfilled the requirements under the Companies Act, 2013 and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Anubhav Maheshwari, Company Secretary of MBL Infrastructure Limited, signed the communication to the stock exchanges on April 17, 2026, confirming the completion of the regulatory formalities related to the postal ballot process.