Key Operational Details
The Company (Maral Overseas Limited, Scrip Code: BSE 521018, NSE MARALOVER) has decided to consolidate operations of its garment unit situated at D-347, Sector-63, Noida - 201307, Uttar Pradesh with its existing unit at A-37, Sector-64, Noida - 201301, Uttar Pradesh. The consolidation is scheduled to be completed latest by 31st August 2026.
Asset and Inventory Transfer
Pursuant to the operational consolidation, all assets, inventories and other business-related activities of the D-347, Sector-63 unit will be aligned/transferred to the existing operational unit at A-37, Sector-64, Noida.
Lease Termination
An intimation for termination of the lease arrangement for the D-347, Sector-63 unit was given on 9th June 2026 (the date of this disclosure). The lease will be discontinued latest by 31st August 2026.
Rationale and Impact
The consolidation is undertaken with a view to improve operational efficiencies and optimize utilization of resources. The company explicitly states that this action represents internal operational re-alignment/consolidation within the Garment Division and does not impact the overall business operations of the Company.