Meeting Details

The 37th Annual General Meeting of Maral Overseas Limited was held on Tuesday, 25th August 2026 through Video Conferencing/Other Audio Visual Means (VC/OAVM) without physical presence of members. The meeting commenced at 2:00 PM and concluded at 3:20 PM (including time allowed for e-voting at AGM). The deemed venue was the Registered Office of the Company at Maral Sarovar, V. & P.O. Khalbujurg, Tehsil Kasrawad, Distt. Khargone-451660, Madhya Pradesh.

Attendance

Directors Present:

  • Shri Shekhar Agarwal (DIN-00066113), Chairman & Managing Director and CEO
  • Shri Ravi Jhunjhunwala (DIN-00060972), Non-Executive Director
  • Shri Shantanu Agarwal (DIN-02314304), Joint Managing Director and Member of Audit Committee, Stakeholders' Relationship Committee and CSR Committee
  • Shri Raman Singh Sidhu (DIN-00121906), Independent Director, Chairperson of Audit Committee and Nomination and Remuneration Committee
  • Shri Amitabh Gupta (DIN-01646370), Independent Director, Chairperson of Stakeholders' Relationship Committee, CSR Committee and Member of Audit Committee, and Nomination and Remuneration Committee
  • Smt. Romi Jatta (DIN-10045383), Independent Director, Member of Nomination and Remuneration Committee
  • Shri Suman Jyoti Khaitan (DIN-00023370), Independent Director, Member of Audit Committee

Other Attendees:

  • Shri Manoj Gupta, Chief Financial Officer
  • Shri Vivek Raut, Audit Partner of S S Kothari Mehta & Co. LLP (Firm Registration No. 000756N/N500441), Statutory Auditor
  • Smt. Manisha Gupta, Practicing Company Secretary (Membership No. FCS 6378 and COP No. 6808), Secretarial Auditor and Scrutinizer
  • Shri Sandeep Singh, Company Secretary and Compliance Officer

Voting Process

Remote e-Voting facility was provided through NSDL portal from 21st August 2026, 9:00 AM to 24th August 2026, 5:00 PM. E-Voting facility during the AGM was also provided through NSDL portal for members who did not cast votes through remote e-voting. Statutory Registers and documents referred in notice were kept open electronically for inspection during AGM.

Meeting Proceedings

Quorum requirements were met throughout the meeting. The Chairman addressed members highlighting salient features of company's operations and performance for year ended 31st March 2026 and first quarter of FY27. Shareholders registered as speakers were invited to put forward queries/feedback through VC/OAVM, including queries received through chat box, which were responded to by the Chairman.

Business Items Considered

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements for financial year ended 31st March 2026 and Reports of Board of Directors and Auditors thereon (Ordinary Resolution)

2. To appoint a Director in place of Shri Ravi Jhunjhunwala (DIN: 00060972) who retires by rotation and being eligible, offers himself for re-appointment (Ordinary Resolution)

Special Business:

3. To approve the restructuring of the remuneration of Shri Shekhar Agarwal (DIN: 00066113), Chairman & Managing Director and CEO (Special Resolution)

4. To approve the restructuring of the remuneration of Shri Shantanu Agarwal (DIN: 02314304), Joint Managing Director (Special Resolution)

5. To ratify the remuneration payable to M/s. K. G. Goyal & Co. (Firm Reg. No. 000017) Cost Auditors of the Company for financial year 2026-27 (Ordinary Resolution)

Audit Report Status

There were no qualifications, reservations and adverse remarks in the Auditor's Report on the financial statements and the Report of Secretarial Auditor of the Company.

Voting Results Timeline

The combined results of e-voting and voting at AGM along with Scrutinizer's Report will be declared on or before 27th August 2026 and displayed on company website (www.maraloverseas.com) and NSDL website (www.evoting.nsdl.com), and intimated to BSE Limited and National Stock Exchange of India Limited.

Scrutinizer Appointment

Smt. Manisha Gupta, Practicing Company Secretary was appointed as Scrutinizer for 37th AGM to scrutinize remote e-voting (including e-voting during AGM) process in fair, transparent and efficient manner.

Financial Impact

Financial impact not quantified in the disclosure regarding remuneration restructuring resolutions.

#Tags: #MaralOverseas #AGM #SEBIDisclosure #RegulatoryCompliance #Governance