MBL Infrastructures has received shareholders’ approval for raising funds upto Rs 300 crore either by way of public issue or private placement (including through a qualified institutions placement) or any other mode, in one or more tranches. The Shareholders of the Company at its Annual General Meeting held on September 28, 2019 has approved the same.
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.
