Marg Techno-Projects Limited has extended the closing date of its rights issue to July 28, 2026, to provide shareholders an opportunity to exercise their rights. The Board of Directors approved the extension in a meeting held on July 1, 2026, shifting the deadline from the previously scheduled July 6, 2026. The issue aims to raise ₹63.90 crore to augment the capital base for NBFC activities and meet general corporate requirements.

The rights issue opened on June 29, 2026, and offers up to 6,39,00,000 equity shares at a price of ₹10 each, fully payable on application. The issue ratio is 9 rights shares for every 2 shares held by eligible shareholders as of the record date of June 20, 2026. The company has received in-principle approval from BSE Limited and Metropolitan Stock Exchange of India Limited (MSE) for the listing of the rights equity shares.

Revised Issue Schedule

Issue Details

The net proceeds from the issue are proposed to be utilized for augmenting the capital base to provide for fund requirements for disbursing loans and advances with respect to the company’s NBFC activities. Additionally, a portion of the funds will be allocated for general corporate purposes, which will not exceed 25% of the gross proceeds. Brickwork Ratings India Private Limited has been appointed as the monitoring agency to oversee the utilization of the issue proceeds.

As of March 31, 2026, the company reported a net worth of ₹34.61 crore and total borrowings of ₹26.95 crore. The capital adequacy ratio (CRAR) stood at 59.98% for the fiscal year ended March 31, 2026. The company's net profit after tax for the same period was ₹99.17 lakh, compared to ₹41.33 lakh in the previous fiscal year.

Marg Techno-Projects Ltd has corrected a typographical error in the quarterly financial results for the period ended March 31, 2026, as detailed in a revised Limited Review Report. The company clarified that the revision is restricted solely to the rectification of the specific figure and does not alter the financial results, observations, or conclusions previously submitted on May 30, 2026.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. Sheladiya & Jyani, Chartered Accountants, issued the audit report with an unmodified opinion on the standalone financial results. The correction pertains to the quarterly figures spanning January 1, 2026, to March 31, 2026.

For the quarter ended March 31, 2026, the company reported a total income of ₹258.62 lakh, compared to ₹154.32 lakh in the preceding quarter ended December 31, 2025. Total expenses for the quarter stood at ₹153.77 lakh, resulting in a profit for the period of ₹60.04 lakh. In the corresponding quarter of the previous year ended March 31, 2025, the company had reported a profit of ₹18.71 lakh.

On an annual basis, the total income for the year ended March 31, 2026, rose to ₹692.75 lakh from ₹540.75 lakh in the previous year. The profit for the year increased to ₹99.19 lakh from ₹41.33 lakh in FY25. Earnings per share (EPS) for the year ended March 31, 2026, were recorded at ₹0.88, up from ₹0.58 in the prior year.

The company's total assets as of March 31, 2026, were valued at ₹6235.62 lakh, a significant increase from ₹3526.85 lakh in the previous year. This growth was primarily driven by an increase in loans, which stood at ₹5771.09 lakh, and equity share capital, which rose to ₹1420.00 lakh. The company reported no outstanding defaults on its total financial indebtedness of ₹26.96 crore.