Marg Techno-Projects has scheduled a board meeting for September 3, 2026, to consider a proposal for voluntary delisting of its equity shares from the Metropolitan Stock Exchange of India (MSEI). The company intends to proceed without providing an exit opportunity to shareholders, in accordance with SEBI delisting regulations.

The board will also review the Directors Report and Secretarial Audit Report for the financial year ended March 31, 2026. These approvals are part of the standard compliance process under the Companies Act, 2013.

Board Agenda Details

The meeting agenda includes several key corporate governance items alongside the delisting proposal:

• Appointment of 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-appointment of Shri Pankaj Jadhav for a second term as an independent director, pending shareholder approval.
• Re-appointment of Smt. Deepa Nair for a second term as a women independent director, also subject to special resolution approval by shareholders.

AGM Logistics

The board will finalize logistical details for the company’s 33rd Annual General Meeting. This includes determining the cut-off date, book closure period, and e-voting timeline. The board will also appoint a scrutinizer to oversee the e-voting process, ensuring compliance with statutory requirements.

Marg Techno-Projects Limited ( marg techno projects ) reported a substantial increase in profitability for the first quarter of FY27, with net profit rising to ₹102.19 lakh for the period ended June 30, 2026. This compares to a net profit of ₹7.98 lakh in the same quarter of the previous fiscal year, reflecting a robust improvement in operational efficiency and revenue generation.

The company’s Board of Directors, in a meeting held on August 12, 2026, approved the unaudited standalone financial results. The results were reviewed by Sheladiya and Jyani, Chartered Accountants, Surat, who issued a limited review report pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations increased to ₹252.20 lakh in Q1FY27, up from ₹128.62 lakh in Q1FY26. This growth was primarily driven by interest income, which rose to ₹250.47 lakh from ₹126.24 lakh in the prior year period. Fees and commission income remained relatively stable at ₹1.73 lakh.

Total expenses remained largely flat at ₹117.97 lakh, compared to ₹117.80 lakh in the previous year. Finance costs increased slightly to ₹72.02 lakh from ₹66.57 lakh, while employee benefit expenses rose marginally to ₹25.67 lakh. Other expenses decreased significantly to ₹16.29 lakh from ₹23.22 lakh, contributing to the improved bottom line.

What the Numbers Show

The divergence between revenue growth and expense stability highlights a significant expansion in operating leverage. While total income nearly doubled, total expenses remained virtually unchanged, leading to a disproportionate rise in profit before tax. Interest income constitutes approximately 99% of total revenue, indicating a high dependency on financial assets or lending activities for primary earnings generation.

Balance Sheet and Debt

As per the integrated filing, the company’s total financial indebtedness stood at ₹30.62 crore. Outstanding loans and revolving facilities from banks and financial institutions were reported at ₹0.12 crore, with no defaults recorded. There were no outstanding unlisted debt securities such as NCDs or NCRPS.

Earnings per equity share (face value ₹10) rose to ₹0.72 in Q1FY27, compared to ₹0.08 in the corresponding period of FY26. The diluted EPS remained identical at ₹0.72.