Marsons accepts resignation of Independent Director effective July 16, 2026

Marsons Ltd has accepted the resignation of Mr. Mohammad Tinku as an Independent Director, effective from the close of business hours on July 16, 2026. The resignation follows a letter dated July 14, 2026, wherein Mr. Tinku cited pre-occupation and other personal commitments as the reasons for his departure. The company confirmed that there are no other material reasons for the resignation beyond those stated.

Following Mr. Tinku's exit, the Board of Directors reconstituted five key committees effective July 15, 2026, via a resolution passed by circulation. The Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee, and Corporate Social Responsibility Committee were all updated to reflect the change in leadership. Mr. Surojit Ghosh, Non-Executive Director, was appointed as a member of these committees in place of Mr. Mohammad Tinku.

Committee Compositions

The reconstitution ensures compliance with Regulation 18, 19, 21, and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Varsha Kedia and Mr. Rohit Shaw continue to serve on the reconstituted committees alongside the newly appointed Mr. Surojit Ghosh.

Audit Committee

Sl. No.	Names	Position in Committee	Nature of Directorship
1	Mrs. Varsha Kedia	Chairperson	Non- Executive Independent Director
2	Mr. Rohit Shaw	Member	Non- Executive Independent Director
3	Mr. Surojit Ghosh	Member	Non- Executive Director

Nomination and Remuneration Committee

Sl. No.	Names	Position in Committee	Nature of Directorship
1	Mr. Rohit Shaw	Chairman	Non- Executive Independent Director
2	Mrs. Varsha Kedia	Member	Non- Executive Independent Director
3	Mr. Surojit Ghosh	Member	Non- Executive Director

Stakeholders Relationship Committee

Sl. No.	Names	Position in Committee	Nature of Directorship
1	Mrs. Varsha Kedia	Chairperson	Non- Executive Independent Director
2	Mr. Rohit Shaw	Member	Non- Executive Independent Director
3	Mr. Surojit Ghosh	Member	Non- Executive Director

Risk Management Committee

Sl. No.	Names	Position in Committee	Nature of Directorship
1	Mrs. Varsha Kedia	Chairperson	Non- Executive Independent Director
2	Mr. Rohit Shaw	Member	Non- Executive Independent Director
3	Mr. Surojit Ghosh	Member	Non- Executive Director

Corporate Social Responsibility Committee

Sl. No.	Names	Position in Committee	Nature of Directorship
1	Mrs. Varsha Kedia	Chairperson	Non- Executive Independent Director
2	Mr. Rohit Shaw	Member	Non- Executive Independent Director
3	Mr. Surojit Ghosh	Member	Non- Executive Director

The disclosures were submitted to BSE Limited and the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI Listing Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.23%	-6.37%	-1.76%	-20.80%	-20.80%	-20.80%

Marsons has secured a new order worth ₹17,93,60,000 (incl. GST) from S.T. Electricals Pvt. Ltd. for the supply of 10 MVA power transformers. The contract is scheduled for execution within a period of 6 months, reinforcing the company's position in the power equipment sector.

Order Details

The following table summarizes the key details of the order:

Parameter:	Details
Order Value:	₹17,93,60,000 (incl. GST)
Client:	S.T. Electricals Pvt. Ltd.
Product:	10 MVA Power Transformers
Execution Period:	6 months

Significance of the Order

The order from S.T. Electricals Pvt. Ltd. underscores Marsons' continued presence in the power transformer manufacturing segment. The procurement of 10 MVA power transformers highlights the demand for reliable power equipment solutions in the sector. At ₹17.94 crore, this contract reflects the company's ability to secure meaningful business engagements within the industry.