Maruti Securities Ltd — Updates, 16-05-2025: Company Update

Maruti Securities Limited has announced a board meeting and approved the appointment of Ms. Jyothirmai Kanasani, a Chartered Accountant with over four years’ experience, as an Independent Director for five years, subject to shareholder approval. The Board approved altering the Object Clause to resume operations in infrastructure, reflecting the new promoters’ focus after five years of inactivity. A company name change is also proposed to align with this new business direction. Related party borrowings from directors were approved to support operations. The company adopted new constitutional documents and reconstituted key committees to strengthen governance.