Maral Overseas Limited has filed its mandatory compliance report with stock exchanges regarding physical share transfer activities under SEBI's special re-lodgment window. The textile company submitted the report on March 13, 2026, covering the period from February 5, 2026 to March 4, 2026, showing zero activity across all transfer request categories.

Compliance Report Details

The report was prepared by MCS Share Transfer Agent Limited, the company's registrar and share transfer agent, and submitted to both BSE Limited and National Stock Exchange of India Limited. Company Secretary Sandeep Singh filed the document in compliance with SEBI Circular No. SEBI/HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Transfer Request Statistics

The comprehensive report shows complete absence of physical share transfer activity during the specified period:

Regulatory Framework

The submission fulfills Maral Overseas Limited's obligations under SEBI's special window initiative for re-lodgment of transfer requests of physical shares. This regulatory framework allows shareholders to re-submit previously rejected or pending physical share transfer requests under specific guidelines established by the securities regulator.

Company Information

Maral Overseas Limited operates with its corporate office located at Bhilwara Towers, Noida, and registered office at Maral Sarovar, Khargone, Madhya Pradesh. The company maintains its listing on both major Indian stock exchanges with scrip codes 521018 on BSE and MARALOVER on NSE.

The nil reporting indicates no shareholders approached the company for physical share transfer re-lodgment during this particular window period, reflecting either satisfaction with existing shareholding arrangements or preference for electronic transfer mechanisms.

Maral Overseas Limited , a prominent player in the textile industry, has successfully concluded its postal ballot process with shareholders overwhelmingly approving the appointment of Shri Suman Jyoti Khaitan as an Independent Director. The company received official confirmation through the scrutinizer's report and formally announced the results on December 22, 2025.

Postal Ballot Results

The remote e-voting process concluded on December 20, 2025, at 5:00 p.m. (IST), with shareholders demonstrating exceptional support for the proposed appointment. The voting results show overwhelming approval:

The scrutinizer's report, prepared by Manisha Gupta (FCS M.No. 6378), confirmed that the special resolution received the requisite majority for approval. The voting process was conducted through National Securities Depositories Limited (NSDL) as the authorized e-voting agency.

Director Appointment Details

Shri Suman Jyoti Khaitan (DIN: 00023370) has been appointed as Additional Director (Non-Executive Independent) for a five-year term starting November 4, 2025, and continuing until November 3, 2030. Khaitan, a practicing advocate since 1985, brings extensive experience in various legal fields, including corporate law, arbitration, and regulatory compliance.

Professional Background

Khaitan is the Founder CEO of Law Firms, Suman Khaitan & Co. and Khaitan Partners, both full-service law firms based in New Delhi with associates in major Indian cities including Bengaluru, Chandigarh, Chennai, Jaipur, Kolkata, and Mumbai. His expertise spans diverse practice areas including arbitration, aviation, banking, bankruptcy & insolvency, business restructuring, competition law, infrastructure, insurance, intellectual property, litigation, overseas investments & acquisitions, power, real estate, schemes of amalgamations, demergers, takeovers, tax planning, telecom, and trusts.

Voting Process Framework

The postal ballot was conducted in accordance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Khaitan is not related to any existing director and is not debarred from holding directorship by SEBI or any other authority.

The successful approval of Shri Suman Jyoti Khaitan's appointment strengthens Maral Overseas' board composition with valuable legal and corporate governance expertise, particularly beneficial given his extensive experience in corporate law, regulatory compliance, and his current independent director roles with other listed companies.