StockWatch
·
Other Textile Products
Board Meeting7 May 2026, 05:41 pm

Maral Overseas Approves FY26 Audited Results, Stake in Asawata Energy

AI Summary

Maral Overseas Ltd's board approved the audited financial results for the quarter and financial year ended March 31, 2026. The board also approved the acquisition of a 26% stake in Asawata Energy Private Limited for setting up a 15 MW Solar Power Plant. Additionally, internal and cost auditors were appointed for the financial year 2026-27.

Key Highlights

  • Audited financial results for FY26 approved with unmodified auditor opinion.
  • 26% stake acquisition in Asawata Energy for 15 MW solar plant approved.
  • BGJC & Associates LLP and Agarwal & Saxena, LLP appointed as internal auditors.
  • K. G. Goyal & Co. appointed as cost auditor for FY27.