5210182025-07-012025-09-305210182025-09-305210182025-07-012025-09-30CompositionOfBoardOfDirectors15210182025-09-30CompositionOfBoardOfDirectors15210182025-07-012025-09-30CompositionOfBoardOfDirectors25210182025-09-30CompositionOfBoardOfDirectors25210182025-07-012025-09-30CompositionOfBoardOfDirectors35210182025-09-30CompositionOfBoardOfDirectors35210182025-07-012025-09-30CompositionOfBoardOfDirectors45210182025-09-30CompositionOfBoardOfDirectors45210182025-07-012025-09-30CompositionOfBoardOfDirectors55210182025-09-30CompositionOfBoardOfDirectors55210182025-07-012025-09-30CompositionOfBoardOfDirectors65210182025-09-30CompositionOfBoardOfDirectors65210182025-07-012025-09-30CompositionOfBoardOfDirectors75210182025-09-30CompositionOfBoardOfDirectors75210182025-07-012025-09-30CompositionOfCommittees145210182025-09-30CompositionOfCommittees145210182025-07-012025-09-30CompositionOfCommittees155210182025-09-30CompositionOfCommittees155210182025-07-012025-09-30CompositionOfCommittees165210182025-09-30CompositionOfCommittees165210182025-07-012025-09-30CompositionOfCommittees415210182025-09-30CompositionOfCommittees415210182025-07-012025-09-30CompositionOfCommittees425210182025-09-30CompositionOfCommittees425210182025-07-012025-09-30CompositionOfCommittees435210182025-09-30CompositionOfCommittees435210182025-07-012025-09-30CompositionOfCommittees445210182025-09-30CompositionOfCommittees445210182025-07-012025-09-30CompositionOfCommittees685210182025-09-30CompositionOfCommittees685210182025-07-012025-09-30CompositionOfCommittees695210182025-09-30CompositionOfCommittees695210182025-07-012025-09-30CompositionOfCommittees705210182025-09-30CompositionOfCommittees705210182025-07-012025-09-30CompositionOfCommittees1225210182025-09-30CompositionOfCommittees1225210182025-07-012025-09-30CompositionOfCommittees1235210182025-09-30CompositionOfCommittees1235210182025-07-012025-09-30CompositionOfCommittees1245210182025-09-30CompositionOfCommittees1245210182025-09-30MeetingOfBoardOfDirectors15210182025-07-012025-09-30MeetingOfBoardOfDirectors15210182025-09-30MeetingOfBoardOfDirectors25210182025-07-012025-09-30MeetingOfBoardOfDirectors25210182025-09-30MeetingOfBoardOfDirectors35210182025-07-012025-09-30MeetingOfBoardOfDirectors35210182025-07-012025-09-30MeetingOfCommittees15210182025-09-30MeetingOfCommittees15210182025-07-012025-09-30MeetingOfCommittees25210182025-09-30MeetingOfCommittees25210182025-07-012025-09-30MeetingOfCommittees35210182025-09-30MeetingOfCommittees35210182025-07-012025-09-30MeetingOfCommittees45210182025-09-30MeetingOfCommittees45210182025-07-012025-09-30MeetingOfCommittees55210182025-09-30MeetingOfCommittees55210182025-06-305210182025-09-30OngoingTaxLitigationsOrDisputesDomain15210182025-09-30OngoingTaxLitigationsOrDisputesDomain25210182025-09-30OngoingTaxLitigationsOrDisputesDomain35210182025-09-30OngoingTaxLitigationsOrDisputesDomain45210182025-09-30OngoingTaxLitigationsOrDisputesDomain55210182025-09-30OngoingTaxLitigationsOrDisputesDomain65210182025-09-30OngoingTaxLitigationsOrDisputesDomain75210182025-09-30OngoingTaxLitigationsOrDisputesDomain85210182025-09-30OngoingTaxLitigationsOrDisputesDomain95210182025-09-30OngoingTaxLitigationsOrDisputesDomain105210182025-09-30OngoingTaxLitigationsOrDisputesDomain115210182025-09-30OngoingTaxLitigationsOrDisputesDomain125210182025-09-30OngoingTaxLitigationsOrDisputesDomain13iso4217:INRxbrli:pure521018MARALOVERNOTLISTEDINE882A01013MARAL OVERSEAS LIMITED2025-04-012026-03-31Half Yearly2025-09-30EquitytruetruefalseNo such acquisition made during the quarter ended 30th September, 2025.falseNo Fine or Penalty has been imposed on the company during the quarter ended 30th September, 2025.truetruefalseTop 2000 listed entitiestruem00105OriginaltruetrueMrShekhar Agarwal******00066113Executive DirectorChairpersonCEO-MD1952-10-09falseActiveNA1989-01-272025-04-015040MrRavi Jhunjhunwala******00060972Non-Executive - Non Independent DirectorNot Applicable1955-10-28falseActiveNA1996-11-274021MrShantanu Agarwal******02314304Executive DirectorNot ApplicableMD1986-01-16falseActiveNA2014-04-222025-06-192030MrsArchana Capoor******01204170Non-Executive - Independent DirectorNot Applicable1958-09-17falseActiveNA2015-11-062020-11-0611966105MrRaman Singh Sidhu******00121906Non-Executive - Independent DirectorNot Applicable1957-07-06falseActiveNA2024-08-01142241MrsRomi Jatta******10045383Non-Executive - Independent DirectorNot Applicable1975-07-25falseActiveNA2024-08-01142211MrAmitabh Gupta******01646370Non-Executive - Independent DirectorNot Applicable1962-02-12falseActiveNA2024-08-01141110truetruetruetrueAudit Committee01204170Archana CapoorNon-Executive - Independent DirectorChairperson2021-10-28Smt. Archana Capoor is appointed as Chairperson of Audit Committee w.e.f. 26-09-2024Audit Committee01646370Amitabh GuptaNon-Executive - Independent DirectorMember2024-09-26Audit Committee02314304Shantanu AgarwalExecutive DirectorMember2018-01-19Nomination and remuneration committee01204170Archana CapoorNon-Executive - Independent DirectorChairperson2020-06-19Smt. Archana Capoor is appointed as Chairperson of Nomination and Remuneration Committee w.e.f. 26-09-2024Nomination and remuneration committee01646370Amitabh GuptaNon-Executive - Independent DirectorMember2024-09-26Nomination and remuneration committee10045383Romi JattaNon-Executive - Independent DirectorMember2024-09-26Nomination and remuneration committee00066113Shekhar AgarwalExecutive DirectorMember2024-09-26Stakeholders Relationship Committee01204170Archana CapoorNon-Executive - Independent DirectorChairperson2024-09-26Stakeholders Relationship Committee00066113Shekhar AgarwalExecutive DirectorMember2001-05-05Stakeholders Relationship Committee02314304Shantanu AgarwalExecutive DirectorMember2018-01-19Corporate Social Responsibility Committee01204170Archana CapoorNon-Executive - Independent DirectorChairperson2024-09-26Corporate Social Responsibility Committee00066113Shekhar AgarwalExecutive DirectorMember2014-04-22Corporate Social Responsibility Committee02314304Shantanu AgarwalExecutive DirectorMember2014-04-222025-04-04true7532025-05-0833true7742025-08-0184true774Audit Committee2025-05-08true3320Audit Committee2025-08-0184true3320Stakeholders Relationship Committee2025-05-08true3310Stakeholders Relationship Committee2025-08-0184true3310Corporate Social Responsibility Committee2025-05-08true3310truetruetruetrueNAtruetruetrueThere was no comments/observation/advice on the said report by the Borad of Directors.Sandeep SinghCompany Secretary and Compliance OfficerYesYesYesYesYesYesYesYesSandeep SinghCompany Secretary and Compliance OfficerfalseSandeep SinghCompany Secretary and Compliance OfficerNoida2025-10-2700000State of Madhya Pradesh (Department of Energy) & Others2007-11-21Matter related to cess on captive power generation amounting to Rs. 4.08 Crores claimed by the Company, matter is pending before the Hon'ble Supreme Court.Status quoState of Madhya Pradesh (Department of Energy) & Others2014-09-15Matter related to duty on captive power generation amounting to Rs. 3.48 Crores claimed by the Company, matter is pending before the Hon'ble High Court, Madhya PradeshStatus quoState of Madhya Pradesh (Department of Energy) & Others2021-04-01Matter related to duty on open access power amounting to Rs.3.88 Crores claimed by the Company, matter is pending before the Hon'ble High Court, Madhya Pradesh.Status quoState of Madhya Pradesh & Madhya Pradesh Paschim Khestra Vidyut Vitaran Co Ltd2015-01-30Matter related to cess on open access power amounting to Rs. 1.70 Crores claimed by the Company, matter is pending before the Hon'ble High Court, Madhya PradeshStatus quoMadhya Pradesh Paschim Khestra Vidyut Vitaran Co. Ltd2023-10-31Matter related to additional security deposit amounting to Rs.3.20 Crores demanded by Madhya Pradesh Paschim Khestra Vidyut Vitaran Co. Ltd. Fresh Writ Appeal vide petition no. 7729 of 2025 was filed on 28th February, 2025 by raising various additional grounds. Matter is pending before the Hon'ble High Court, Madhya Pradesh.Status quoIncome Tax Department2019-01-05Matter related to TUFF subsidy and others w.r.t. Assessment year 2011-12 amounting to Rs.6.49 Crores claimed by the Company, matter pending before Commissioner of Income Tax (Appeals).Commissioner of Income Tax (Appeals), Delhi has passed an assessment order dated 3rd October 2025, whereby the appeal filed by the Company stands dismissed. The matter pertains to the return of income filed under Section 153A of the Income-tax Act, 1961, wherein TUFF subsidy amount earlier recognized as revenue receipt was claimed as capital receipt in the return filed under Section 153(A). The Assessing Officer had dismissed our appeal and retained the TUFF subsidy income as revenue receipt, which was contested by the Company before the appellate authority. Further, as the income under dispute had already been offered to tax in earlier years and no additional tax liability arises on account of the order, hence, there is no cash outflow on the Company due to dismissal of the appeal.Income Tax Department2019-01-05Matter related to TUFF subsidy and others w.r.t. assessment year 2012-13 amounting to Rs. 5.20 Crores claimed by the Company, matter pending before Commissioner of Income Tax (Appeals).Commissioner of Income Tax (Appeals), Delhi has passed an assessment order dated 3rd October 2025, whereby the appeal filed by the Company stands dismissed. The matter pertains to the return of income filed under Section 153A of the Income-tax Act, 1961, wherein TUFF subsidy amount earlier recognized as revenue receipt was claimed as capital receipt in the return filed under Section 153(A). The Assessing Officer had dismissed our appeal and retained the TUFF subsidy income as revenue receipt, which was contested by the Company before the appellate authority. Further, as the income under dispute had already been offered to tax in earlier years and no additional tax liability arises on account of the order, hence, there is no cash outflow on the Company due to dismissal of the appeal.Income Tax Department2019-01-05Matter related to TUFF subsidy and others w.r.t. assessment year 2013-14 amounting to Rs. 4.74 Crores claimed by the Company, matter pending before Commissioner of Income Tax (Appeals).Status quoIncome Tax Department2007-12-29Matter related to disallowance under Section10(B) and others w.r.t. assessment year 2005-06 amounting to Rs. 5.60 Crores claimed by the Company, matter pending before Commissioner of Income Tax (Appeals).Status quoCustoms Department2022-03-16Matter related to non/part realization of Exports Proceeds for Draw Back between 01.04.2014 to 31.03.2018 amounting to Rs. 3.86 Crores demanded from the Company, matter pending before Commissioner of Customs, Mumbai.Status quoIncome Tax Department2006-12-27Matter related to disallowance under Section10(B) and others w.r.t. assessment year 2004-05 involving sum of Rs. 3.30 Crores on which tax was demanded from the Company. The Hon'ble ITAT, Indore, has dismissed the appeal of the Income Tax Department on jurisdictional grounds, granting liberty to the Income Tax Department to prefer an appeal in the appropriate jurisdiction. Further updates are awaited regarding the department's next steps.Income Tax Department, Indore filed an appeal before ITAT, Indore on 2nd July, 2025.Income Tax Department2008-12-24Matter related to disallowance under Section10B and others w.r.t. assessment year 2006-07 involving sum of Rs. 2.74 Crores on which tax was demanded from the Company. The Hon'ble ITAT, Indore, has dismissed the appeal of the Income Tax Department on jurisdictional grounds, granting liberty to the Income Tax Department to prefer an appeal in the appropriate jurisdiction. Further updates are awaited regarding the department's next steps.Income Tax Department, Indore filed an appeal before ITAT, Indore on 2nd July, 2025.Income Tax Department2014-06-17Matter related to disallowance under Section10B and others w.r.t. assessment year 2001-02 involving sum of Rs. 3.16 Crores on which the tax was demanded from the Company. Since the tax effect in this appeal was below Rs.2.00 Crores, therefore, in view of the amended Circular No. 09/2024 dated 17/09/2024 issued by the CBDT, the appeal was not maintainable. Accordingly, Hon'ble High Court has dismissed the appeal. However, the question of law raised in the appeal shall remain open and appellant would be at liberty to file application in case cause of action survives as per law. Further updates are awaited regarding the department's next steps.Status quo00000000NA00NA00NA00NA00NA00NA00NA00NA00All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.trueNo such loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) were given directly or indirectly by the company to its promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company during the period ended 30th September, 2025.MANOJ GUPTACFONoida2025-10-27