Summary of Proceedings of Postal Ballot
MBLINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MBL Infrastructure Ltd conducted a postal ballot to seek shareholder approval on two special resolutions. The first resolution was for the re-appointment of Mr. Ram Dayal Modi as an Independent Director for another term. The second resolution was for the issuance of securities by the company. Remote e-voting was conducted through NSDL from April 16, 2026 to May 15, 2026, with 25,859 members eligible to vote as of the cut-off date of April 10, 2026. Ms. Anjali Yadav, a Practicing Company Secretary, was appointed as the Scrutinizer. The Chairman declared that both resolutions were passed with the requisite majority based on the scrutinizer's report dated May 15, 2026.
The re-appointment of the independent director ensures continuity in the board's governance structure. The passing of the securities issuance resolution indicates the company may raise capital through equity or debt instruments, which could impact shareholder dilution.