Maral Overseas Limited will consolidate the operations of its garment unit situated at D-347, Sector-63, Noida with its existing unit at A-37, Sector-64, Noida by August 31, 2026. The company stated that this decision is aimed at improving operational efficiencies and optimizing the utilization of resources within its Garment Division. The consolidation involves the transfer of assets, inventories, and other business-related activities from the Sector-63 location to the Sector-64 facility.

Consequently, the company has initiated the termination of the lease arrangement for the unit at D-347, Sector-63, Noida, effective June 9, 2026. The lease discontinuation is scheduled to be completed by August 31, 2026. The company clarified that this action is an internal operational realignment and does not impact the overall business operations of Maral Overseas Limited.

Operational Details

The consolidation process encompasses the alignment and transfer of key operational components to ensure a seamless transition. The following details outline the movement of operations:

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sandeep Singh, Company Secretary & Compliance Officer, signed the intimation on behalf of the company.

Maral Overseas has submitted a report to the stock exchanges regarding the re-lodgment of transfer requests for physical shares for May 2026. The disclosure follows the directives of a SEBI circular dated January 30, 2026, which established a special window for such requests. The company's Registrar and Share Transfer Agent, MCS Share Transfer Agent Limited, confirmed the receipt and processing status of these requests for the specified period.

During May 2026, the agent received two requests for the re-lodgment of physical share transfers. Both requests were processed, but neither was approved. The data indicates that all requests received during the month were rejected, resulting in zero approvals. The average time taken for the processing of these requests was recorded as 10 days.

The rejections were attributed to specific documentation deficiencies. The requests involved transferor Jayanta Banerkee transferring 100 shares each to purchasers Sudha Agarwal and Ram Chand Mool Chandani. The rejection for the transfer to Sudha Agarwal cited a requirement for proof of purchase, self-attested PAN, Aadhaar, and ISR 2 of the transferor, and the Demat Transaction Request form as per NSDL and CDSL formats. The reason for the rejection regarding the transfer to Ram Chand Mool Chandani was not specified in the report.

Status of Re-lodgment Requests for May 2026

Details of Rejected Requests