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

Maral Overseas has announced a board meeting outcome. The company approved its financial results for the quarter ended June 30, 2025, reporting a loss of ₹12.75 Cr on revenue of ₹225.50 Cr.

Looking ahead, the board cleared a plan to issue up to 30 lakh Redeemable Non-convertible Cumulative Preference Shares at ₹100 each, totaling ₹30 Cr. These shares will be offered via private placement to the promoter group, pending shareholder approval at the upcoming AGM on August 29.

Additionally, the company will amend its Memorandum of Association to include captive electricity generation as a main business object and align it with the Companies Act, 2013.