Maral Overseas Limited announced that the Board of Directors of the Company, at its meeting held September 3, 2021 had approved the proposal for setting up of a new unit on lease for the Garment business of Company at Faridabad (Haryana) and the same was already intimated to Stock Exchange in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015, would like to submit that the said unit has started commercial production and information/update with regard to the said unit as Date of Commencement of Commercial Production is December 27, 2021, Existing Capacity is 0.173 million pcs per month, Existing Capacity Utilisation is 40%, Period within which the proposed capacity is to be added is March, 2022, investment required is INR 12.9 million. Mode of Financing is Internal Accrual, Rational is Expansion of Garment Business.