Description
BSE announces listing of 3 crore equity shares of MBL Infrastructure Ltd issued to promoters under NCLT approved resolution plan, effective August 8, 2025.
Summary
BSE has announced the listing of 3,00,00,000 new equity shares of MBL Infrastructure Ltd (Scrip Code: 533152) issued to promoters on preferential basis. The shares are issued pursuant to NCLT approved Resolution Plan under Insolvency and Bankruptcy Code 2016 and will commence trading from August 8, 2025.
Key Points
- 3 crore equity shares of Rs. 10/- each issued to promoters
- Shares issued under NCLT Kolkata Bench approved Resolution Plan
- Issue price: Rs. 10 per share
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 122529257 to 152529256
- ISIN: INE912H01013
Regulatory Changes
Shares issued under Insolvency and Bankruptcy Code 2016 framework following NCLT approval of resolution plan.
Compliance Requirements
Trading members are informed of the new securities listing and trading permissions effective from the specified date.
Important Dates
- Allotment Date: May 30, 2025
- Trading Commencement: August 8, 2025
- Lock-in Period Ends: August 31, 2026
Impact Assessment
Significant equity dilution with 3 crore shares added to existing share capital. The 2-year lock-in period until August 2026 provides temporary stability by preventing immediate promoter exits. The preferential allotment under insolvency resolution indicates company restructuring completion.
Impact Justification
Significant equity dilution through promoter allotment under insolvency resolution with 2-year lock-in period