Marg Techno Projects Receives Trading Approval for 14,00,000 Preferential Shares
Marg Techno Projects Limited secured trading approval from BSE and MSEI for 14,00,000 preferential equity shares issued at Rs. 50/- per share pursuant to warrant conversion. The shares, bearing distinctive numbers 11400001 to 12800000, commenced trading on February 11, 2026, with staggered lock-in periods extending until August 2026 and 2027.

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Marg Techno Projects Limited has secured trading approval from both BSE Limited and Metropolitan Stock Exchange of India Limited (MSEI) for its latest preferential equity share issue. The approval enables trading of 14,00,000 newly issued equity shares pursuant to conversion of warrants, marking another significant milestone in the company's capital expansion strategy.
Trading Approval Details
The stock exchanges granted formal trading approval through official communications dated February 10, 2026. BSE Limited issued approval via Letter No. LOD/PREF/SV/167/2025-2026, while MSEI provided authorization through Letter No. MSE/LIST/18581/2026. Both exchanges confirmed that trading would commence from February 11, 2026.
Share Issue Specifications
The preferential issue comprises specific financial and structural parameters that define the new equity shares:
| Parameter: | Details |
|---|---|
| Number of Shares: | 14,00,000 |
| Face Value: | Rs. 10/- per share |
| Premium: | Rs. 40/- per share |
| Issue Price: | Rs. 50/- per share |
| Distinctive Numbers: | 11400001 to 12800000 |
| Allotment Date: | December 9, 2025 |
| ISIN: | INE245H01018 |
The shares were issued to both promoters and non-promoter investors on a preferential basis pursuant to conversion of warrants, with the total consideration being paid in cash. These new equity shares rank pari-passu with the company's existing equity shares, ensuring equal rights and privileges for all shareholders.
Lock-in Period Structure
The newly issued shares are subject to mandatory lock-in periods as per regulatory requirements:
| Share Quantity: | Distinctive Numbers: | Lock-in Expiry: |
|---|---|---|
| 8,00,000 shares | 11400001 - 12200000 | August 31, 2027 |
| 6,00,000 shares | 12200001 - 12800000 | August 31, 2026 |
This staggered lock-in structure ensures gradual liquidity enhancement while maintaining market stability.
Exchange Listings and Trading
The company's shares are now listed and permitted for trading on both exchanges with effect from February 11, 2026. BSE Limited lists the shares under scrip code 540254, while MSEI uses the symbol MTPL under scrip code 35404. The market lot for trading has been set at 1 share, facilitating retail investor participation.
Both exchanges issued formal notices to their trading members, confirming the listing of these additional securities and providing comprehensive details about the issue structure, lock-in arrangements, and trading parameters.
Historical Stock Returns for Marg Techno Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -9.54% | -12.56% | -39.92% | -49.55% | -26.37% | +582.63% |






























