The board of MBL Infrastructures will meet on Thursday to approve a notice for the AGM, wherein it is also proposed to get shareholders’ nod for fund-raising plans.
The company may consider issue of securities (denominated in Indian rupee and/or foreign currencies) either by public issue or private placement (including QIP).
Meanwhile, it also said that it has ‘substantially’ completed the work (project cost ₹166.72 crore in JV) at Sonapur-Guwahati section in Assam.