Maral Overseas Limited — Others, 01-08-2025: Amendment to AOA/MOA
01-08-2025 | 05:19 pm
01-08-2025 | 05:19 pm
Maral Overseas' board has approved the financial results for the quarter ended June 30, 2025, showing a net loss of Rs 12.57 Cr on revenues of Rs 225.49 Cr. To strengthen its finances, the company plans to issue preference shares worth up to Rs 30 Cr to its promoters via private placement, awaiting shareholder nod at the upcoming Annual General Meeting. The company will also update its core business activities in its Memorandum to explicitly include generating power for its own use, reflecting operational needs and ensuring compliance for its captive generating plants.
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