
Business Update9 Jun 2026, 03:20 pm
Maral Overseas Consolidates Noida Garment Operations
AI Summary
Maral Overseas Ltd is consolidating its garment unit operations in Noida, Uttar Pradesh. The unit at D-347, Sector-63 will merge with the existing unit at A-37, Sector-64 by August 31, 2026. This involves transferring assets, inventories, and business activities. Consequently, the lease for the Sector-63 unit will be terminated by the same date. The company states this is an internal operational realignment within the Garment Division and will not impact overall business operations.
Key Highlights
- Consolidation of garment unit operations in Noida.
- Assets and operations to be transferred by August 31, 2026.
- Lease termination for one unit by August 31, 2026.
- Internal operational realignment, no overall business impact.
Price Impact
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