<h1>Marsons Ltd Reconstitutes Committees as Independent Director Resigns</h1>
Marsons Ltd has announced changes in its Board of Directors, following the resignation of Mr. Mohammad Tinku, an Independent Director. The company confirmed that it had successfully reconstituted several key committees through a resolution passed by circulation on July 15, 2026. These appointments involved appointing Mr. Surojit Ghosh as a member across multiple committees.
Mr. Tinku tendered his resignation as the Independent Director of the Company with effect from the close of business hours on July 16, 2026. Consequently, he will cease to be a member of the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Risk Management Committee, and Corporate Social Responsibility Committee (CSR). The company confirmed that Mr. Tinku provided confirmation stating there were no material reasons for his resignation beyond those mentioned in his resignation letter dated July 14, 2026.
The Board of Directors moved to reconstitute the affected committees by appointing Mr. Surojit Ghosh, a Non-Executive Director, as a member in place of Mr. Tinku.
Committee Reconstitution Details
The composition of several key committees was updated following the appointment:
| Committee Name | Chairman/Principal Role | Members (Including New Appointee) |
|---|---|---|
| Audit Committee | Mrs. Varsha Kedia (Chairperson, Non-Executive Independent Director) | Mr. Rohit Shaw and Mr. Surojit Ghosh |
| Nomination and Remuneration Committee | Mr. Rohit Shaw (Chairman, Non-Executive Independent Director) | Mrs. Varsha Kedia and Mr. Surojit Ghosh |
| Stakeholders Relationship Committee | Mrs. Varsha Kedia (Chairperson, Non-Executive Independent Director) | Mr. Rohit Shaw and Mr. Surojit Ghosh |
| Risk Management Committee | Mrs. Varsha Kedia (Chairperson, Active Non-Executive Independent Director) | Mr. Rohit Shaw and Mr. Surojit Ghosh |
| Corporate Social Responsibility Committee | Details not specified | Mr. Surojit Ghosh |
Transformer Repair Estimates
Separately, the company submitted an offer estimate to WBSETCL for the repair of a Marsons Make 630 kVA, 33/0.415 kV Station Service Transformer (Yom: 2008; sl no: 82078), which was received at the factory premises on February 16, 2023. The offer sheet details ten distinct stages of work and associated costs in INR ₹.
| Sl. No | Description of Work | Quoted Price (INR ₹) |
|---|---|---|
| 1 | Unloading of transformer, physical inspection of accessories, quantity of oil with tank | 5,000.00 |
| 2 | Un-tanking of Transformer for checking of Active Part | 10,000.00 |
| 3 | Physical checking of tank/active part with WBSETCL official | 20,000.00 |
| 4 | Magnetic balance of HV & LV, resistance measurement done for healthiness check | 25,000.00 |
| 5 | Overall Healthiness Check of Transformer Active Part and all other parts as well | 15,000.00 |
| 6 | Removal of Top yoke of core assembly | 7,500.00 |
| 7 | Resetting of 3 LV coils with line & shorting leads after removing top yoke | 25,000.00 |
| 8 | Resetting of top yoke | 10,000.00 |
| 9 | Overhauling of Tank Body | 15,000.00 |
| 10 | Supply of new sleeving and Bakelite tubes for HV Tap leads and Line Leads | 5,000.00 |
MARSONS Stock Price Movement
Shares of Marsons Limited are edging higher in live trading, climbing by 0.07% and currently standing at ₹113.27 as of 3:08 PM today. The stock has seen solid transactional activity with 608,275 shares traded so far in the market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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