Marg Techno-Projects Limited approved the voluntary delisting of its equity shares from the Metropolitan Stock Exchange of India (MSEI) during its 33rd Annual General Meeting held on September 30, 2026. The company will continue its listing on BSE Limited following the special resolution passed by shareholders.

The meeting, conducted via video conferencing and other audio-visual means, commenced at 11:00 am and concluded at 11:11 am. Shareholders voted on six agenda items, including the approval of standalone audited financial statements for FY26 and various director appointments.

Key Resolutions Passed

The company sought shareholder approval for several critical governance and operational matters. The resolutions were transacted through e-voting, with results to be declared within two working days.

Governance and Board Changes

The board composition saw significant updates through special resolutions. Pankaj Jadhav and Deepa Nair were re-appointed as Independent Directors and Women Independent Director, respectively. Additionally, Harsh Chauhan was appointed as a new Independent Director. Arun Madhavan Nair was re-appointed as a director in place of himself, having retired by rotation.

Voting Process and Compliance

Remote e-voting facilities were available from September 27, 2026, to September 29, 2026. Members present at the meeting also had access to live e-voting. The scrutiny of votes was conducted by an external scrutinizer appointed for the purpose. The company confirmed that all regulatory requirements under SEBI Listing Obligations were met during the virtual meeting.

Marg Techno-Projects has scheduled its 33rd Annual General Meeting (AGM) for September 30, 2026. The meeting will address critical governance changes, including the voluntary delisting of equity shares from the Metropolitan Stock Exchange of India (MSEI) without an exit offer to shareholders, while retaining its listing on BSE Limited.

The e-voting window opens at 9:00 am on September 27, 2026, and closes at 5:00 pm on September 29, 2026. Shareholders holding shares as of the record date, September 23, 2026, are eligible to vote. The book closure period runs from September 24 to September 30, 2026.

Board Meeting Outcomes

The board meeting held on September 3, 2026, concluded with several key approvals:

• Delisting Proposal: Approved voluntary delisting from MSEI without an exit offer to shareholders, citing limited trading activity and liquidity on the exchange.
• Director Appointments: Appointed Mr. Harsh Chauhan as an additional non-executive independent director for a five-year term, effective September 3, 2026, subject to shareholder approval via special resolution.
• Re-appointments: Re-appointed Shri Pankaj Jadhav and Smt. Deepa Nair for their second terms as independent directors, pending shareholder approval.
• Ordinary Business: Considered the re-appointment of Mr. Arun Madhavan Nair, who retires by rotation.
• Compliance Reports: Approved the Directors Report and Secretarial Audit Report for the financial year ended March 31, 2026.

AGM and Governance Updates

The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) at 11:00 am on September 30, 2026. Shareholders can access e-voting facilities via NSDL and CDSL platforms. Mr. Jitendra Bhagat, a practicing company secretary, was appointed as the scrutinizer to oversee the e-voting process in compliance with the Companies Act, 2013. Results will be declared on or before October 3, 2026.

Following Mr. Chauhan’s appointment, the board reconstituted its committees:

Mr. Chauhan brings five years of experience across finance, banking, and IT sectors. Mr. Jadhav has over 15 years of business experience and 13 years in corporate governance. Ms. Nair possesses eight years of business experience and over five years in corporate governance.