MBL Infrastructure Ltd - Arbitration Award Confirmed by Hon'ble Supreme Court

MBL Infrastructure Ltd (MBL) today announced that Hon'ble Supreme Court of India by order dated 04.12.2025 (uploaded on Supreme Court Portal on 10.12.2025) has upheld Arbitration Award dated 28.01.2020 as modified by order dated 10.02.2021 of Single bench of Hon'ble High Court of Delhi against Telecommunications Consultants India Ltd (TCIL) in respect of completed project of construction of 144 Nos Type V and 24 Nos Type VI Houses in Campus of Rajiv Gandhi Thermal Power Project at Khedar in Hisar District, Haryana.

The amount receivable in terms of the arbitration award/Court Order has been worked out as Rs 18.78 crores as on 11.12.2025 with further interest accruing @12% p.a. compounded with monthly rests till receipt of the amount.

Business Updates

- Bank accounts of MBL are 'Standard' and Non Fund Based (NFB) facilities in form of Bank Guarantees / Letters of Credit of 303.63 crores are available.

- Promoters & entities forming part of Promoter Group have already infused 108.29 Cr. R 85.10 crores fresh induction and 23.19 crores out of existing dues)

- All dissenting banks have been paid full and final settlement/Liquidation value of 49.66 crores in terms of the approved Resolution Plan and No Due Certificate(s)/NOCs have been issued by them.

- All payments till date have been made well in time to the assenting Financial Creditors in terms of the approved Resolution Plan.

- Substantial payments have been made to operational creditors and there is regularity in payments of current operational creditors

- Out of 8 subsidiary companies 6 have become debt free.

"We shall continue to pursue realization of our contractual dues which will further improve the overall liquidity and financial position of the Company. The Company as on 30.09.2025 has claims of Rs 3219.53 crores out of which arbitration awards of Rs 259.32 crores are already received and Rs 736.41 crores have been deposited with various Courts. The Company is consistently aiming to resolve the disputes amicably, preserving long term relationships with the customers.

The Company has submitted bids for projects of 1645 crores within its defined profitability priorities and identified tenders with order target of 1000 crores in FY 2026 and Rs 2800 crores in FY 2027.

With the resolution plan of MBL (MP) Toll Road Company Ltd, our wholly owned subsidiary company, having been implemented, out of 8 subsidiary companies 6 are debt free; the thrust is now to resolve balance 2 subsidiary companies i. e. Suratgarh Bikaner Toll Road Company Pvt Ltd and MBL Highway Development Company Ltd." said Mr. Anjanee Kumar Lakhotia, Chairman & Managing Director, MBL Infrastructure Ltd, while addressing the Company's officials.

Shares of MBL Infrastructures Limited was last trading in BSE at Rs. 31.95 as compared to the previous close of Rs. 33.20. The total number of shares traded during the day was 15434 in over 122 trades.

The stock hit an intraday high of Rs. 33.40 and intraday low of 31.55. The net turnover during the day was Rs. 494535.00.

Source : Equity Bulls

Keywords

MBLInfrastructuresLimited INE912H01013 533152 MBLINFRA ConstructionandEngineering