MPDL LTD.

Develops residential and commercial real estate projects in India, with its principal asset being the M-1 Tower in Faridabad, for which it received the Occupation Certificate during FY26. Revenue from operations in FY26 was Rs 20.32 crore, up from Rs 580.41 lakh in FY25, almost entirely driven by M-1 Tower construction activity accounted using the percentage of completion method. The company also holds an interest in associate Cambridge Construction (Delhi) Pvt Ltd, which contributed Rs 143.38 lakh of losses to consolidated results in 9M FY26. Despite the sharp revenue jump, the company posted a consolidated net loss of Rs 797.54 lakh in FY26, with other operating expenses running at 104.4 percent of revenue. The board has approved amending the Memorandum of Association to add facility maintenance, repair and management services for buildings and infrastructure as a permitted activity. Promoters hold 55,57,730 of the 74,12,524 outstanding equity shares, and current borrowings stood at Rs 6,127.95 lakh as of FY26.