About Marsons Limited

Marsons Limited was incorporated in 1976 and has since established itself as a key player in the power equipment sector. The company is primarily engaged in the business of manufacturing transformers, dealing in allied electrical products, and generating warehouse rental income. Over the years, Marsons has developed strong technical expertise in transformer manufacturing and has diversified into related electrical solutions.

The company has expanded its operations internationally through its wholly owned subsidiary, Cosol Developments Ltd, incorporated in the United Kingdom. This global presence underlines its commitment to building a sustainable and growth-oriented business. The company’s registered office is located at Marsons House, Budge Budge Trunk Road, Maheshtala, Kolkata.

Marsons Limited continues to balance operational focus between its domestic operations and global ventures, with a reputation built on quality, reliability, and long-standing customer trust.

Marsons Limited’s Business Segments

The company operates under one primary business segment:

• Transformers and Allied Electrical Products: This remains the company’s core area, supported by supplementary income from warehouse rentals.

• Geographical Contribution: Revenue is primarily generated from domestic operations, with limited contribution from exports.

Marsons Limited’s Key Management

The key management team includes:

• Mr. Munal Agarwal, Managing Director (w.e.f. September 2, 2024)

• Mr. Subhash Kumar Agarwala, Director

• Mr. Debashis Sarkar, Director (w.e.f. February 19, 2025)

• Ms. Varsha Kedia, Director

• Mr. Rohit Shaw, Independent Director

• Mr. Mohammad Tinku, Independent Director

• Mr. Surojit Ghosh, Non-Executive Director

• Mr. Sanjay Kumar Rai, Chief Financial Officer

• Ms. Uttara Sharma, Company Secretary

Latest Updates on Marsons Limited

• Leadership Changes: Mr. Binay Kumar Agarwal resigned as Whole-time Director effective September 4, 2024. Subsequently, Mr. Munal Agarwal was appointed Managing Director on September 2, 2024, and Mr. Debashis Sarkar joined as Director on February 19, 2025.

• Subsidiary Performance: The company’s wholly owned subsidiary, Cosol Developments Ltd, UK, held 100% shareholding as on March 31, 2025. However, it did not record any turnover or profit during the year.

• Corporate Governance: The company reaffirmed compliance with SEBI’s LODR Regulations, strengthening its governance structure with independent directors and board committees.

• Financial Controls: Management confirmed there was no impairment of assets as of March 31, 2025, supported by physical verification and assessment of cash generation capacity.

• Resolution Plan: As per the Binding Resolution Plan approved by the Hon’ble NCLT Kolkata, dated May 9, 2019, all pending demands before tax authorities are considered settled and reduced to Nil.

• Operational Focus: The company continues to emphasise manufacturing excellence in transformers, supported by rental income and prudent financial management.