Company Overview

Marg Techno Projects Limited has successfully completed its preferential allotment of equity shares, raising ₹7.00 crores through the issuance of 14.00 lakh equity shares. The board meeting held on December 12, 2025, from 4:00 PM to 4:30 PM, formally approved and took on record the completion of the preferential allotment process.

Promoter Stake Enhancement

Madhavan Kakkat Nair, a promoter of Marg Techno Projects Limited, has significantly increased his shareholding through the recent preferential allotment. The acquisition was completed on December 6, 2025, as part of the company's fund-raising initiative.

Share Allotment Details

The complete allotment details show the distribution among various allottees:

Capital Structure Changes

The preferential allotment has resulted in changes to the company's capital structure. The equity share capital increased from ₹10.00 crores to ₹11.40 crores, consisting of 1,14,00,000 equity shares of face value ₹10.00 each, fully paid.

Issue Structure and Pricing

Each equity share was priced at ₹50.00, which includes a premium of ₹40.00 per share over the face value of ₹10.00. The allotment was made on a preferential basis to both promoter and non-promoter categories, with promoters receiving 5.50 lakh shares and non-promoters receiving 8.50 lakh shares.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has authorized key executives to file necessary applications with BSE and MSE for listing and trading approval of the newly allotted shares, ensuring full regulatory compliance.

Marg Techno Projects Limited has received in-principle approval from BSE on November 28, 2025, to issue 42,00,000 equity shares of Rs 10 each at a minimum price of Rs 50 to promoters and non-promoters on a preferential basis. This approval allows the company to raise funds through preferential allotment while requiring compliance with regulatory requirements and obtaining separate listing approval after allotment.

Allotment Details

The company has released a detailed breakdown of the proposed allotment:

Board Meeting and AGM Notice

The board of Marg Techno Projects has scheduled a meeting for September 16, 2025, at 4:30 PM at the company's registered office. The purpose of this meeting is to revisit the AGM Notice for the upcoming 32nd Annual General Meeting.

Corrigendum and Addendum

The company secretary has been authorized to issue a corrigendum and addendum to the notice. This will be placed before the members for consideration and will include the correct details regarding:

1. Proposed Allottees
2. Number of Shares Allotted
3. Pre-Post Allotment of Shares
4. Percentage of Pre and Post shareholding
5. Percentage change in Shareholding Pattern

This clarification comes in connection with the Notice and Outcome of the board meeting dated August 30, 2025, and aims to provide accurate information to shareholders and regulatory bodies.

Akhil Nair, the Managing Director of Marg Techno Projects Limited, has signed off on this clarification, emphasizing the company's commitment to transparency and accurate disclosure of information to its stakeholders.