Board of MBL Infrastructures approves bonus issue of 1:1

At meeting held on 22 May 2015

MBL Infrastructures announced that the Board of Directors of the Company at its meeting held on 22 May 2015, inter alia, has transacted the following:

1. The Board has recommended a Dividend of 30% (Rs. 3.00/- per equity share of Rs. 10.00/- each) for the Financial Year ended March 31, 2015.

2. The Board has considered, approved and recommended a Bonus Issue of one equity share for every equity share held (i.e. in the ratio of 1:1) subject to shareholders' approval at the ensuing 20th Annual General Meeting.

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