Maral Overseas Limited reported a net loss of ₹1,256.98 lakh for the quarter ended June 30, compared to a ₹644.83 lakh loss in the same quarter last year. Revenue from operations declined to ₹22,549.59 lakh from ₹25,092.28 lakh. The Board approved issuing up to 30 lakh redeemable non-convertible cumulative preference shares at 9.25% annual interest rate. They also approved amending the Memorandum of Association to include electricity generation for captive consumption as a main business object.
24Jul 25
Maral Overseas to Hold Board Meeting for Q1 Results and Fund Raising Proposal
Maral Overseas Limited has scheduled a board meeting for August 1, 2025, to consider Q1 FY2026 financial results and a proposal for raising funds through private placement of redeemable non-convertible preference shares to the Promoter/Promoter Group. The company's trading window will be closed until August 3, 2025, to ensure fair trading practices.