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MBL Infrastructures Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as Maheshwari Brothers Limited on
August 25, 1995. The certificate of commencement of business was received
on September 12, 1995. The name of our Company was changed to MBL
Infrastructures Limited with effect from July 05, 2006 and fresh certificate of
incorporation was issued by the Registrar of Companies, West Bengal.

Our Registered Office is located at 23-A, Netaji Subhas Road, 3rd Floor,
Suite 14, Kolkata-700 001, West Bengal and our Corporate Office is located
at Corporate Office: Saket Estates, 2nd Floor, Premises No. 2C, 2, Ho Chi Minh
Sarani Kolkata - 700 071 and at SU 2-3, Bhikaji Cama Bhawan, Bhikaji Cama
Place, Ground Floor, New Delhi - 110 066.

The Promoters of our Company are Mr. Ram Gopal Maheshwari, Mr. Anjanee
Kumar Lakhotia, Mr. Maruti Maheshwari and SMH Capital Limited. Mr. Pawan
kumar Lakhotia, Mr. Shree Kumar Lakhotia and Mr. Mahabir Prasad Lakhotia,
brothers of Mr. Ram Gopal Maheshwari and Mr. Anjanee Kumar Lakhotia were
the subscribers to the Memorandum of Association and the earlier promoters,
shareholders and directors of our Company. All three of them severed themselves
from our Company and all its affairs and are neither the Directors nor the
shareholder in our Company.

Major events in the history of our Company:

Year Events

1996 Took over Maheshwari Brothers, a partnership firm engaged in the business
of trading in steel and waste management at steel plants.

1999 Was awarded the first batch of contracts for the north-south-east-west corridor
projects by the National Highways Authority of India ('NHAI')

2000 The plant and machinery of our Company were revalued on 'Net Replacement
Value' based on reports submitted by an approved valuer. Net appreciation
of Rs. 954.35 lacs in the value of plant and machinery were credited to the
Revaluation Reserve

2001 Completed four laning of Agra-Gwalior section of National Highway 3 from km
41 to km 51 near Dholpur, Rajasthan, for a project value of Rs. 2,052.00 lacs,
the first to be completed under the northsouth-east-west corridor project by NHAI

2002 Completed the rehabilitation and maintenance of the Tumkur - Harihar section of
National Highway 4 for NHAI for Rs. 1,161.00 lacs.

Awarded the BOT Project of Seoni-Balaghat-Rajegaon state highway by the Madhya
Pradesh Rajya Setu Nirman Nigam Limited (now the Madhya Pradesh Road
Development Corporation Limited).

AAP Infrastructure Limited was incorporated as a special purpose vehicle for the
purposes of execution of the BOT project.

2003 Completed two projects for NHAI, a maintenance and toll operations project and a
maintenance project

Mr. Mahabir Prasad Lakhotia, one of our earlier promoters, shareholders and directors
of our Company, disassociated himself from the Company.

2004 Completed km 60 to km 70 of the four lane Agra-Gwalior section of National Highway
in Madhya Pradesh

Awarded contract for the comprehensive maintenance of Ring Road and Outer Ring
Road at the National Capital Territory of Delhi.

2005 Entered into a joint venture with Telecommunications Consultants India Limited
('Joint Venture'). The Joint Venture was awarded the contract, valued at Rs 16,700
lacs. Further details of this Joint Venture have been enumerated hereinbelow.

Mr. Shree Kumar Lakhotia, one of our earlier promoters, shareholders and directors of
our Company, disassociated himself from the Company.

2006 Mr. Pawan Kumar Lakhotia, one of our earlier promoters, shareholders and directors of
our Company, has disassociated himself from the Company.

Bonus issue of 36,21,242 Equity Shares made to the then existing shareholders of the
Company in the of 1:2

AAP Infrastructure Limited became a wholly owned subsidiary of our Company.

2007 Awarded the Industrial Infrastructure Development Project by Steel Authority of
India Limited ('SAIL') and Indian Iron and Steel Company Limited ('IISCO')

2008 Completed the development work of our first BOT Project on the 114 km
Seoni-Balaghat-Rajegaon highway.

Completed the work of construction of additional length of service road and side
drains from Km. 146.00 to Km. 156.00 including 2-lane flyover on Guwahati Bypass
section of NH 37 in the state of Assam.

2009 Awarded the contract for maintenance of main carriage way, service road, side drain
and median maintenance including periodic renewal from KM 146.000 to KM 163.895
on Guwahati Bypass of NH-37in Assam.


- MBL Infrastructures Ltd bags orders worth Rs. 100 Cr. from Reliance Infrastructure Limited for its 6x660 MW Ultra Mega Power

-- MBL Infrastructures Ltd has informed that Mr. S. S. Kohli has been appointed as an Independent Director of the Company with effect from June 25, 2010.
Oct 21, 12:00 am
Oct 21, 4:14 pm
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