Maral Overseas Limited — Others, 18-02-2025: Shareholders meeting

Maral Overseas Limited has disclosed a Postal Ballot Notice for its members, seeking approval for the re-appointment of Shri Shekhar Agarwal as Managing Director for three years starting 1st April 2025, and Shri Shantanu Agarwal as Joint Managing Director for three years starting 19th June 2025. The proposed remuneration for Shri Shekhar Agarwal is ₹255.62 lakh and for Shri Shantanu Agarwal is ₹116.60 lakh, maintaining current levels due to the company's recent financial performance. This initiative reflects an effort to ensure continuity in leadership which may positively influence investor sentiment, providing stability amid market challenges. Shareholders are encouraged to participate in the e-voting process scheduled from 19th February to 20th March 2025.