Marsons Ltd

Disposal details under Reg 29(2)

• Target Company: Marsons Limited.
• Disclosing party: Anupriya Consultants Pvt. Ltd. (Non-promoter).
• Transaction type: Disposal of equity shares.
• Pre-disposal holding: 10,000,000 shares (5.81% VR).
• Transaction details: 800,000 shares sold; post-disposal 9,200,000 shares (5.35%).
• Dates of sale: September 28–29, 2026.
• Equity share capital before/after: 17,21,00,000 shares.
• Total diluted share capital: 17,21,00,000 shares.

AGM Details

• AGM held on 30 September 2026 at 2:00 PM via VC/OAVM.

Key Resolutions

• Adopt Audited Financial Statements (standalone and consolidated) for year ended March 31, 2026.
• Re-appointment of a director by rotation (retiring eligible).
• Ratify remuneration of the Cost Auditor for FY 2026-27.

Voting Outcomes

• Adopt financial statements: outcome not disclosed.
• Director re-appointment: outcome not disclosed.
• Cost auditor remuneration: outcome not disclosed.

Marsons Limited: Closure of trading window from 1 October 2026 until expiry of 48 hours from the announcement of the unaudited financial results (provisional) for the quarter ended September 30, 2026.

Governance

• Rajiv Gupta appointed Independent Director effective 16 September 2026.
• Background: former CEO of NTPC Green Energy and NTPC Renewable Energy.

Capacity expansion

• Board approved capacity expansion to 400 kV / 500 MVA class.
• Strengthens market position as leading EHV transformer manufacturer in Eastern India.

Repair estimates

• Offer sheet for repairing estimates of 630 kVA transformer; itemized quoted prices.

Governance update

• Rajiv Gupta (DIN: 09715290) appointed as Additional Non-Executive Independent Director for five years from 16 Sep 2026
• Appointment subject to shareholder approval under regulatory requirements and not liable to rotation
• Annexure A confirms independence and no SEBI debarment

Repair work and cost estimates for transformer

• Itemized repair estimates for Marsons 630 kVA transformer total 137,500 INR
• Scope includes unloading, un-tanking, HV/LV checks, healthiness checks, top yoke work, coil resets, tank overhaul, HV sleeving
• Origin: joint inspection with WBSETCL; offer submitted for consideration

Disposal by non-promoter acquirer

• Target: Marsons Limited.
• Disclosing Party: Anupriya Consultants Pvt. Ltd. (Non-promoter).
• Transaction Type: Disposal of equity shares.
• Pre-Transaction Holding: 11,928,421 voting-rights shares (6.93%).
• Shares disposed: 1,928,421 (1.12%).
• Post-Transaction Holding: 10,000,000 voting-rights shares (5.81%).
• Dates: 31 Aug 2026 to 8 Sep 2026.
• Equity share capital: before/after 17,210,000; diluted capital 17,210,000.

Financial and strategic updates

• Unaudited Q1 FY27 consolidated results show Total Income ₹5,000.84 Lakhs.
• PBT for Q1 FY27 is ₹738.59 Lakhs; PAT ₹592.94 Lakhs.
• FY26 Total Income ₹24,746.75 Lakhs; PBT ₹4,226.40 Lakhs; PAT ₹4,632.51 Lakhs.
• Q4 FY26 PBT ₹1,855.42 Lakhs; PAT ₹2,261.53 Lakhs.
• First US export orders around USD 5 million with higher margins.
• Capacity expansion to 500 MVA in 400kV class.
• PGCIL approval strengthens position in 132kV/220kV segment.
• Renewable energy orders account for more than 50% of current orders; NTPC empanelment aids demand.
• Company projects sustained growth momentum through FY27.
• Manufacturing facility: 45,000 sq m with 12,000 MVA installed capacity.