MBL Infrastructures has raised Rs 880.85 crore through issue and allotment of Non-Convertible Debentures (NCDs). The company has issued the NCDs on April 30, 2018, with a coupon rate of 0.10% per annum. Payment of interest will be done on quarterly basis. The NCDs has a tenure of 9.75 years.
MBL Infrastructures is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients.
