Maral Overseas Limited — Board Meeting, 01-08-2025: Outcome of Board Meeting

Maral Overseas has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported a net loss of **₹12.57 Cr** for the quarter.

Key decisions include the approval to issue up to 30 lakh Redeemable Non-convertible Cumulative Preference Shares, worth **₹30 Cr**, to the Promoter/Promoter Group via private placement, subject to shareholder approval. The board also approved an alteration to the company's Memorandum of Association to include "generation of electricity for captive consumption" as a main objective, aligning with regulatory requirements for captive power plants.