MBL Infrastructures Ltd has announced a significant new order worth Rs 20.22 crore from the Ministry of Road Transport and Highways. This order comes as a change in the scope of work for an existing project in Rajasthan.

Project Details

The order has been awarded to Suratgarh Bikaner Toll Road Company Pvt Ltd, a wholly owned subsidiary of MBL Infrastructure. It is part of the BOT (Build-Operate-Transfer) project for the Development & Operation of the Bikaner-Suratgarh Section of NH-62 in Rajasthan. MBL Infrastructure will execute the project on an EPC (Engineering, Procurement, and Construction) basis.

Scope of Work

The new order involves the construction of a bridge across the INGP main canal. The project has been given a completion timeline of 12 months, highlighting the urgency and importance of this infrastructure development.

Company's Future Plans

Surrender Aggarwal, Executive Director of MBL Infrastructure, shared insights into the company's future strategy. He stated that the company plans to start bidding for new projects once the working capital consortium documentation by banks is completed under the Resolution Plan approved under IBC, 2016.

About MBL Infrastructure

MBL Infrastructure operates in various sectors of civil engineering, with a focus on road construction and infrastructure development across India. The company currently has two operational BOT projects, one in Rajasthan and another in Madhya Pradesh.

This new order reinforces MBL Infrastructure's position in the road and bridge construction sector and demonstrates the company's continued engagement in critical infrastructure projects in India.

MBL Infrastructures , a key player in the infrastructure sector, has announced a significant change in its corporate governance structure. The company has reconstituted its Stakeholders' Relationship Committee, bringing in new leadership and members to oversee this crucial aspect of corporate management.

New Committee Composition

The newly formed committee consists of:

• Chairman: Mr. Ram Dayal Modi
• Members:
  • Mr. Mukesh Kumar Jain
  • Ms. Megha Singh

All three appointees are Independent Directors, underscoring the company's commitment to maintaining objectivity and transparency in its stakeholder relations.

Board Approval and Timing

The Board of Directors of MBL Infrastructure approved this reconstitution on August 18, 2025. This strategic move aims to enhance the company's engagement with its stakeholders and ensure their interests are well-represented at the highest levels of corporate decision-making.

Regulatory Compliance

In line with its obligations as a publicly traded company, MBL Infrastructure has duly informed both the BSE Limited and the National Stock Exchange of India Limited about this governance change. This communication is in compliance with the regulations set forth by the Securities and Exchange Board of India (SEBI), demonstrating the company's adherence to regulatory requirements and commitment to transparent corporate practices.

Implications for Stakeholders

The Stakeholders' Relationship Committee plays a vital role in addressing and resolving the grievances of security holders, including shareholders, debenture holders, and other security holders. The reconstitution of this committee with experienced Independent Directors at the helm signals MBL Infrastructure's focus on strengthening its relationship with various stakeholders and potentially improving its corporate governance practices.

This development may be of particular interest to investors and market analysts who closely monitor changes in corporate governance structures as indicators of a company's management quality and shareholder-friendly practices.