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.

MBL Infrastructures , a key player in India's infrastructure sector, has released its unaudited financial results for the first quarter ended June 30, revealing a mixed performance amidst ongoing corporate restructuring efforts.

Financial Performance

For Q1, MBL Infrastructures reported:

• Revenue from operations: ₹1,857.00 lakhs
• Profit: ₹296.00 lakhs

Capital Restructuring

In a significant move to strengthen its financial position, the company has:

• Issued 3 crore equity shares of ₹10 each to promoter group entities
• Increased its paid-up capital from ₹12,253.00 lakhs to ₹15,253.00 lakhs

This capital infusion is expected to bolster the company's financial stability and support its ongoing projects.

Annual General Meeting

The Board of Directors has scheduled the 30th Annual General Meeting (AGM) for September 20. In light of the ongoing global situation, the AGM will be conducted via video conferencing, ensuring shareholder participation while adhering to safety protocols.

Corporate Governance

MBL Infrastructures has taken steps to enhance its corporate governance structure:

• Reconstituted the Nomination & Remuneration Committee with three independent directors
• The new committee structure aims to ensure more robust oversight and decision-making processes

Subsidiary Developments

The Board noted the approval of a resolution plan for its subsidiary, MBL (MP) Toll Road Company Limited, under the Insolvency and Bankruptcy Code (IBC) 2016. This plan is currently pending approval from the adjudicating authority.

Banking Relationships

In a positive development for the company's financial operations:

• Working capital consortium banks have standardized MBL Infrastructures' account
• The account has been migrated to the Commercial Clients Group vertical

This move is likely to improve the company's access to working capital and enhance its operational flexibility.

Looking Ahead

While MBL Infrastructures faces challenges, including ongoing resolution processes for some of its subsidiaries, the company's efforts to restructure its capital, improve governance, and maintain banking relationships indicate a proactive approach to navigating the complex infrastructure sector landscape.

Investors and stakeholders will be keenly watching the upcoming AGM for further insights into the company's strategy and future outlook in the evolving infrastructure market.

Note: All financial figures are in Indian Rupees (₹) and 1 lakh = 100,000.