MBL Infrastructure Limited — Board Meeting, 03-02-2025: Outcome of Board Meeting

The Preferential Issue Committee of MBL Infrastructure Ltd. has convened to finalize significant steps for a preferential allotment. They set a cut-off date of January 24, 2025, for shareholder eligibility and established a remote e-voting period from February 4, 2025, to March 5, 2025. The minimum issue price for the new equity shares is Rs. 61.10 per share, with plans to issue approximately 27,74,632 shares aggregating to around Rs. 16.95 crore, subject to shareholder and regulatory approvals.