MBL Infrastructure Limited has informed the Exchange about General Updates
MBLINFRA · price
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MBL Infrastructure has appointed Mr. Mukesh Kumar Jain as an Additional Director and Independent Director on its board for a period of 5 years starting July 5, 2025. The appointment is subject to shareholder approval at the next general meeting. Mr. Jain is a B.Tech Civil Engineering graduate from IIT Delhi (1985 batch) with over 40 years of experience in highway project execution, planning, tolling operations, and policy formulation. He has held senior leadership roles including Chief General Manager at NHAI, Director at IHMCL, and Managing Director of multiple NHAI subsidiaries. He is not related to any existing directors, holds zero equity shares in the company, and is not debarred by SEBI from holding a directorship.
This is a routine governance announcement and unlikely to move the stock price. Mr. Jain's strong NHAI background may strengthen the company's expertise in highway and infrastructure projects, which is its core business area. Shareholders will get to vote on confirming his appointment.