MBL Infrastructure MD, chairman, board of directors and AGM
NSE: MBLINFRABSE: 533152ConstructionSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹20.99.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹295 Cr1,981st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Owners' profit not stated
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 0.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 23 Jul 2026
- −3.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 1.04
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,91,11778.5% delivered
MBL Infrastructure board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorAnjanee Kumar Lakhotia
- Company Secretary and Compliance OfficerMr. Anubhav Maheshwari
6 directors4 independent2 executive
- Anjanee Kumar Lakhotia · Chairperson and managing directorExecutive · joined Aug 1995 · reappointed Aug 2023 · 375 months as independent · 1 listed board · 1 committee seat
- Dinesh Kumar SainiIndependent · joined May 2024 · 28 months as independent · 1 listed board · 1 as independent
- Mukesh Kumar JainIndependent · joined Jul 2025 · 15 months as independent · 2 listed boards · 2 as independent · 3 committee seats
- Ram Dayal ModiIndependent · joined May 2021 · reappointed May 2026 · 65 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 3 as chair
- Megha SinghIndependent · joined Mar 2024 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Surender AggarwalExecutive · joined Aug 2020 · reappointed Sep 2026 · 74 months as independent · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Ranjit Datta, left 12 Aug 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Jul 20266 of 6 present4 independent · 53 days in between
- 30 May 20266 of 6 present4 independent
Audit Committee
Chair Ram Dayal Modi
Megha Singh, Anjanee Kumar Lakhotia
- 23 Jul 20263 of 3 present2 independent · 53 days in between
- 30 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Ram Dayal Modi
Mukesh Kumar Jain, Megha Singh
- 30 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Ram Dayal Modi
Mukesh Kumar Jain, Megha Singh
- 30 May 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair Anjanee Kumar Lakhotia
Ram Dayal Modi, Megha Singh
- 30 May 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S A R C & AssociatesPeer-review certificate valid to Dec 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
MBL Infrastructure AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.MBL Infrastructure dividend history
Annual general meeting, 12 Sep 2026
23,734 shareholders on the register on 5 Sep 2026; present: 7 promoters and 53 others; votes counted by Ms. Anjali Yadav / M/s Anjali Yadav & Associates.The company's voting result (opens in a new tab)
(a) Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 and the Report of the Board of Directors and Auditors thereon. (b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2026 and the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.25% · promoters 98.10% · institutions 99.96% · other public 7.57%
- To appoint a Director in place of Mr. Anjanee Kumar Lakhotia (DIN: 00357695), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 67.60% · promoters 87.81% · institutions 99.96% · other public 7.57%
- To consider and approve remuneration payable to Mr. Anjanee Kumar Lakhotia (DIN: 00357695) as Managing Director of the Company for the remaining tenure of 2 years w.e.f 25.05.2027.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 67.60% · promoters 87.81% · institutions 99.96% · other public 7.57%
- To consider and approve re-appointment of Mr. Surender Aggarwal (DIN: 07272927) as an Executive/Whole-time Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.25% · promoters 98.10% · institutions 99.96% · other public 7.57%
- To consider and approve execution of Transactions with Related Parties.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.25% · promoters 98.10% · institutions 99.96% · other public 7.57%
- To ratify remuneration payable to M/s Dipak Lal & Associates, Cost Auditors of the Company for the financial year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.25% · promoters 98.10% · institutions 99.96% · other public 7.57%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 May 2026, 2 resolutions
25,859 shareholders on the register on 10 Apr 2026; votes counted by Ms. Anjali Yadav / M/s Anjali Yadav & Associates.The company's voting result (opens in a new tab)
- Re-appointment of Mr. Ram Dayal Modi (DIN: 03047117) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.35% · promoters 98.07% · institutions 81.93% · other public 13.35%
- Issuance of SecuritiesSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 76.35% · promoters 98.07% · institutions 81.93% · other public 13.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Sep 2025, 7 resolutions
25,423 shareholders on the register on 13 Sep 2025; present: 6 promoters and 62 others; votes counted by Ms. Anjali Yadav / M/s Anjali Yadav & Associates.The company's voting result (opens in a new tab)
(a) Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2025 and the Report of the Board of Directors and Auditors thereon. (b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2025 and the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 78.57% · promoters 98.07% · institutions 0.00% · other public 23.42%
- Re- appointment of Mr. Anjanee Kumar Lakhotia (DIN: 00357695) as Director of the Company who is liable to retire by rotation.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 70.83% · promoters 87.60% · institutions 0.00% · other public 23.42%
- To consider and approve appointment of Mr. Mukesh Kumar Jain (DIN: 10513759) as an Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 78.57% · promoters 98.07% · institutions 0.00% · other public 23.42%
- To consider and approve re-appointment of Mr Surender Aggarwal (DIN 07272927) as Executive Director/ Wholetime Director for a period from 01.10.2025 till 30.09.2026Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 78.57% · promoters 98.07% · institutions 0.00% · other public 23.42%
- To consider and approve execution of transactions with related partiesSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 78.57% · promoters 98.07% · institutions 0.00% · other public 23.42%
- To consider and approve appointment of M/s. Anjali Yadav & Associates, a firm of Company Secretaries as Secretarial Auditors of the Company for a term of upto 5(Five) consecutive years.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 78.57% · promoters 98.07% · institutions 0.00% · other public 23.42%
- To consider and approve ratification of remuneration payable to M/s Dipak Lal & Associates as Cost Auditors of the Company for F Y 2025-26Ordinary100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 78.57% · promoters 98.07% · institutions 0.00% · other public 23.42%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 5 Mar 2025, 3 resolutions
25,577 shareholders on the register on 24 Jan 2025; votes counted by Ms. Anjali Yadav / M/s Anjali Yadav & Associates.The company's voting result (opens in a new tab)
- Increase of Authorised Share Capital of the Company and the consequent amendment to Memorandum of Association of the CompanyOrdinary96.47% for3.53% against
Against: promoters 3.72% · institutions 0.00% · other public 0.01%
Turnout: all 75.39% · promoters 100.00% · institutions 0.00% · other public 14.13%
- Issuance of Equity Shares on preferential basis upon conversion of Unsecured Creditors to the Non- Promoter CategorySpecial96.47% for3.53% against
Against: promoters 3.72% · institutions 0.00% · other public 0.04%
Turnout: all 75.39% · promoters 100.00% · institutions 0.00% · other public 14.13%
- Re-classification of Ms. Jyoti Mundra from “Promoter & Promoter Group” category to “Public” categoryOrdinaryPromoters have an interest in it96.41% for3.59% against
Against: promoters 3.79% · institutions 0.00% · other public 0.02%
Turnout: all 74.08% · promoters 98.16% · institutions 0.00% · other public 14.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 5 resolutions
Present: 7 promoters and 63 others.The company's voting result (opens in a new tab)
(a) Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2024 and the Report of the Board of Directors and Auditors thereon. (b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2024 and the Report of Auditors thereon.MoreLess
Ordinary96.03% for3.97% againstAgainst: promoters 4.21% · institutions 0.00% · other public 0.01%
Turnout: all 73.08% · promoters 100.00% · institutions 0.00% · other public 13.58%
- Re- appointment of Mr. Anjanee Kumar Lakhotia (DIN: 00357695) as Director of the Company who is liable to retire by rotation.OrdinaryPromoters have an interest in it95.34% for4.66% against
Against: promoters 5.33% · institutions 0.00% · other public 0.00%
Turnout: all 62.32% · promoters 79.02% · institutions 0.00% · other public 25.41%
- To consider and approve re-appointment of Mr Surender Aggarwal (DIN 07272927) as Executive Director/ Wholetime Director for a period from 01.10.2024 till 30.09.2025Special96.03% for3.97% against
Against: promoters 4.21% · institutions 0.00% · other public 0.01%
Turnout: all 73.08% · promoters 100.00% · institutions 0.00% · other public 13.58%
- To consider and approve execution of transactions with related partiesSpecial96.03% for3.97% against
Against: promoters 4.21% · institutions 0.00% · other public 0.01%
Turnout: all 73.08% · promoters 100.00% · institutions 0.00% · other public 13.58%
- To consider and approve ratification of remuneration payable to M/s Dipak Lal & Associates as Cost Auditors of the Company for F Y 2024-25Ordinary96.03% for3.97% against
Against: promoters 4.21% · institutions 0.00% · other public 0.01%
Turnout: all 73.08% · promoters 100.00% · institutions 0.00% · other public 13.58%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 Jun 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr Dinesh Kumar Saini (DIN: 06425474) as an Independent Director of the CompanySpecial95.71% for4.29% against
Against: promoters 4.51% · institutions 0.00% · other public 0.04%
Turnout: all 70.88% · promoters 100.00% · institutions 0.00% · other public 10.86%
- Appointment of Ms Megha Singh (DIN: 10565795) as an Independent Director of the CompanySpecial95.71% for4.29% against
Against: promoters 4.51% · institutions 0.00% · other public 0.03%
Turnout: all 70.87% · promoters 100.00% · institutions 0.00% · other public 10.84%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 12 Aug 2023, 7 resolutions
Present: 7 promoters and 72 others.The company's voting result (opens in a new tab)
(a) Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2023 and the Report of the Board of Directors and Auditors thereon. (b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2023 and the Report of Auditors thereon.MoreLess
Ordinary95.86% for4.14% againstAgainst: promoters 4.45% · institutions 0.00% · other public 0.01%
Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 16.19%
- Re- appointment of Mr. Surender Aggarwal (DIN: 07272927) as Director of the Company who is liable to retire by rotation.Ordinary95.86% for4.14% against
Against: promoters 4.45% · institutions 0.00% · other public 0.01%
Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 16.19%
- To consider and approve re-appointment of Mr Anjanee Kumar Lakhotia (DIN: 00357695) as Managing Director of the Company for a period of 5 years w.e.f. 25.05.2024SpecialPromoters have an interest in it94.99% for5.01% against
Against: promoters 5.47% · institutions 0.00% · other public 0.01%
Turnout: all 60.66% · promoters 81.32% · institutions 0.00% · other public 16.19%
- To consider and approve re-appointment of Mr Surender Aggarwal (DIN 07272927) as Executive Director/ Wholetime Director for a period from 01.10.2023 till 30.09.2024Special95.86% for4.14% against
Against: promoters 4.45% · institutions 0.00% · other public 0.01%
Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 16.19%
- To consider and approve execution of transactions with related partiesOrdinary95.86% for4.14% against
Against: promoters 4.45% · institutions 0.00% · other public 0.01%
Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 16.19%
- To consider and approve issue of securitiesSpecial95.86% for4.14% against
Against: promoters 4.45% · institutions 0.00% · other public 0.01%
Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 16.19%
- To consider and approve ratification of remuneration payable to M/s Dipak Lal & Associates as Cost Auditors of the Company for F Y 2023-24Special95.92% for4.08% against
Against: promoters 4.45% · institutions 0.00% · other public 0.00%
Turnout: all 74.58% · promoters 100.00% · institutions 0.00% · other public 19.87%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Jul 2022, 6 resolutions
Present: 14 promoters and 96 others.The company's voting result (opens in a new tab)
To consider and adopt:-n(a) Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2022 and the Report of the Board of Directors and Auditors thereon. (b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2022 and the Report of Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 69.54% · promoters 95.25% · institutions 0.00% · other public 13.68%
- Re- appointment of Mr. Anjanee Kumar Lakhotia (DIN: 00357695) as Director of the Company who is liable to retire by rotation.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 56.79% · promoters 76.63% · institutions 0.00% · other public 13.68%
- To re-appoint M/s SARC & Associates, Chartered Accountants as statutory auditors of the Company and to fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 69.54% · promoters 95.25% · institutions 0.00% · other public 13.68%
- To ratify the remuneration payable to M/s Dipak Lal & Associates, Cost Auditors of the Company for the financial year 2022-23.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 69.54% · promoters 95.25% · institutions 0.00% · other public 13.68%
- To consider and approve re-appointment of Mr. Surender Aggarwal as an Executive Director/Whole Time Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 69.54% · promoters 95.25% · institutions 0.00% · other public 13.68%
- To consider and approve change in the name of CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 69.54% · promoters 95.25% · institutions 0.00% · other public 13.68%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.