Maral Overseas Limited: Outcome of Board Meeting

M&A / JV 27 Oct 2026· ₹2.60 lakh · Completed· ✓ Verified

Outcome of Board Meeting - Maral Overseas Limited has informed the Exchange regarding Outcome of Board Meeting held on October 27, 2026.in continuation to disclosure made on 7th May 2026 and 30th July 2026 regarding acquisition of 26% equity stake in Asawata Energy Private Limited for an amount of Rs. 2.60 lakh, for setting up 15 MW Solar Power Plant at Sarovar Plant of the Company, under Group Captive Model of the Madhya Pradesh Electricity Regulatory Commission (Verification of Captive Generating Plants and Captive Users) Regulations, 2023, after negotiation due to change in circumstances, the Board has approved the investment amount of Rs.3.64 Crores instead of Rs.2.60 lakh. Refer point…

SectorEnergy & Renewables
Value₹2.60 lakh

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