Maral Overseas Limited announced that its members have approved the appointment of Shri Suman Jyoti Khaitan as an Independent Director of the Company. This approval was granted by passing a special resolution through postal ballot on December 20, 2025. The result of the postal ballot was declared on December 22, 2025. Shri Suman Jyoti Khaitan's appointment as an Additional Director (Non-Executive & Independent Director) was initially approved by the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, for a term of 5 consecutive years, effective from November 4, 2025, until November 3, 2030. Shri Khaitan is a practicing advocate since 1985 and the Founder & CEO of law firms Suman Khaitan & Co. and Khaitan & Partners. He possesses extensive experience in various legal fields, including arbitration, corporate law, regulatory compliance, and litigation. He has previously served on the boards of several listed companies, including Jindal Stainless Limited and Indo Rama Synthetics (India) Limited, and currently serves on the boards of DCM Shriram Industries Limited, OCCL Limited, and RSWM Limited. He is not related to any other Director of the Company and is not debarred from holding the office of Director by any authority.
