MBLINFRA · price
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Awaiting price reaction for this filing.
MBL Infrastructure has submitted its Annual Report for FY 2024-25 along with the notice for its 30th AGM, scheduled for September 20, 2025 at 1:00 pm via video conferencing. The company has successfully completed the implementation of its Resolution Plan under the Insolvency and Bankruptcy Code (IBC), with working capital consortium agreements now executed by banks. As a result, non-fund-based facilities of Rs 303.63 crore have been made available, along with permissions to raise an additional Rs 100 crore in fund-based facilities and Rs 250 crore in non-fund-based facilities for new contracts. Promoters have increased their stake to 74.01%, and the company reports no contingent liabilities from the past. MBL Infrastructure operates primarily in road and highway construction, BOT projects, and infrastructure maintenance, serving clients like NHAI, MoRTH, and DMRC.
This is a positive development for shareholders as the company has emerged from its resolution plan phase and is now positioned to bid for new projects with restored banking relationships and liquidity. The increased promoter holding to 74.01% signals strong promoter confidence, and the cleared debt structure removes historical risks, potentially supporting future stock price recovery.