Maral Overseas Ltd
NSE: MARALOVER BSE: 521018
₹41.35
(0.76%)
Sun, 15 Mar 2026, 04:08 pm
Market Cap1.68B
PE Ratio0
Dividend0
Process Industries
Textiles
24.5KCompany History
1989
- The Company was incorporated on 27th January.
- The company obtained the Certificate of Commencement of Business on 7th February.
- The company was jointly promoted by Rajasthan Spinning & Weaving Mills Limited and Hindustan Electro Graphites Ltd.
- The Company is a 100% Export Oriented Spinning Mill with an installed capacity of 20,160 spindles for the manufacture of combed cotton yarn.
- The Company undertook an expansion-cum-diversification scheme to enhance the capacity and also to enter into the areas of knitted fabrics and knitwears.
1991
- 70 No. of equity shares allotted to the subscribers to the Memorandum & Articles of Association.
- 133,59,930 No. of equity shares of Rs 10 each then issued at par.
- The balance 37,87,000 shares were offered to the public in Sept 1991.
- Additional 20,04,000 shares were allotted to retain oversubscription.
1992
- The Company proposed to set up a dye house with a capacity of dyeing and finishing 3 tons knitted fabric per day and a garment division for production of 50,000 Polo-shirts and 1,00,000 T-shirts per month.
1993
- 35,00,000 No. of equity shares issued at a premium of Rs 60 per share on private placement basis.
1994
- The knitting capacity was increased from 11 machines to 20 machines.
- Capacity in the garment division increased from 9 lakh pieces to 13.5 lakh pieces per annum.
- Letter of credit were opened for import of machinery for further expansion of capacity to 19.5 lakhs pieces in the garment division.
1996
- The company concentrated on consolidation of its operations in its spinning, knitting and garment making division.
- The Company chalked out an expansion programme to increase its spinning capacity to 54528 spindles from existing 38400 spindles.
1997
- The Company undertook installation of finishing machinery for open width fabric.
1998
- 15,00,000 Pref. shares issued.
1999
- The Asian Knitwears Limited was amalgamated with the company on 24th May.
2003
- Maral Overseas declares lockout.
- Maral Overseas Ltd informed that the equity shares of the company have been delisted from The Delhi Stock Exchange Association Limited w.e.f. December 29, 2003.
- Suspened operations at Sarovar Unit as a consequence of violence, illegal go-slow and sabotage by workers.
2005
- Delist equity shares from Madhya Pradesh Stock Exchange with effect from February 15, 2005.
2011
- Maral Sarovar won the CITI's Birla Award for Excellence in Energy Conservation for the year 2010-11.
- Maral Thermal Power plant won NECA 2011 Award.
2013
- Maral Sarovar won the FICCI Safety Award for Excellence in Safety System in Manufacturing.
- Maral Sarovar unit won Health Shreshth Award 2013.
2014
- Maral Sarovar unit won CITI's Birla Award for Innovations by the Textile Mill for the year 2013-14.
2015
- Maral Sarovar unit received Achievement Award for high score in Detox / TGI audit conducted by Intertek.
- Maral Sarovar unit won the Sarvashreshth HSE Award 2015.
2016
- Maral won EHS Excellence Award 2016.
2017
- Maral Sarovar unit won Exceed Award - 2017 Trophy and certificate for best performance in Industrial Health and Safety.
- Maral Sarovar unit won INNOV Sliver Award 2017 for Excellence HR Training in Textile Industry from EKDKN, New Delhi.
2018
- Maral Sarovar unit won the National Safety Award for excellent performance in 2016 under two different categories.
2019
- Maral Sarovar unit won National Safety Award for excellent performance in Industrial Safety.
2021
- Maral Sarovar unit won National Safety Award for excellent performance in Industrial Safety.
2024
- The Company commenced commercial operations in Spinning Unit set-up for producing Melange Yarn at its Sarovar Plant.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800