Maral Overseas Approves Capex Plan Up To ₹180 Cr, Revises Solar Investment
Maral Overseas Ltd's Board of Directors approved a capital expenditure plan of up to ₹180 crore for upgradation, modernization, and capacity enhancement at its Sarovar Plant, including its Spinning, Fabric Printing, and Engineering Divisions. The capex is planned until 2030. Additionally, the company revised its investment in Asawata Energy Private Limited to ₹3.64 crore from ₹2.60 lakh for setting up a 15 MW Solar Power Plant. The board also approved the un-audited financial results for the quarter and half-year ended September 30, 2026, along with the Statement of Assets & Liabilities and Cash Flow Statement, and took on record the Limited Review Report.
Key Highlights
- Board approved capital expenditure plan of up to ₹180 crore.
- Capex aims for plant upgradation, modernization, and capacity enhancement.
- Investment in Asawata Energy revised to ₹3.64 crore.
- Un-audited financial results for Q2 FY27 declared.
- Limited Review Report from auditors taken on record.
Price Impact
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