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MBL Infrastructure subsidiary exits insolvency

MBL Infrastructure Ltd (MBL) today announced a significant development in the Corporate Insolvency Resolution Process (CIRP) of its wholly-owned subsidiary, MBL (MP) Toll Road Company Ltd (MPTRCL). The Adjudicating Authority has approved the resolution plan submitted by MBL, effectively bringing MPTRCL out of insolvency. The approval, granted via an order dated September 12, 2025, restates…