MBL Infrastructure Limited — Important, 04-06-2025: Disclosure of material issue
04-06-2025 | 06:43 pm
04-06-2025 | 06:43 pm
MBL Infrastructure has announced a board meeting to discuss the financial results for the quarter and half-year. The company reclassified Ms. Jyoti Mundra from promoter group to public shareholders, reducing promoter holding from 69.74% to 68.46% and raising public holding to 31.54%.
This shift in shareholding could improve stock liquidity and attract more retail investors by broadening the public float. The company completed all required approvals and compliance smoothly, underscoring its commitment to transparency and regulatory adherence.
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