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MBL Infrastructure LimitedBoard Meeting, 28-03-2025: Outcome of Board Meeting

28-03-2025 · 03:48 pm

The Board of Directors of MBL Infrastructure Ltd. has approved the allotment of 27,74,632 equity shares at an issue price of ₹61.10 per share, totaling approximately ₹16.95 crores. This preferential allotment increases the company's paid-up capital from ₹119.75 crores to ₹122.53 crores. The meeting concluded with no further resolutions mentioned. This move could enhance liquidity and provide resources for future initiatives.

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