Marg Techno-Projects Limited has reported a significant change in its promoter shareholding structure following a preferential allotment completed in December 2025. The disclosure, filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations 2011, reveals increased promoter participation in the company.

Shareholding Transaction Details

Promoter Akhil Nair acquired 4,00,000 additional equity shares through preferential allotment on December 9, 2025. The transaction details are summarized below:

Capital Structure Expansion

The preferential allotment was part of a broader capital expansion initiative that increased the company's total share capital significantly:

The expansion represents an increase of 14,00,000 equity shares, indicating a substantial capital infusion into the company.

Regulatory Compliance

The disclosure was filed simultaneously with multiple regulatory bodies and stock exchanges:

• BSE Limited (Scrip Code: 540254)
• Metropolitan Stock Exchange of India Limited (Scrip Code: 35404)
• Department of Corporate Services

The transaction was completed through preferential allotment mode, which typically involves issuing shares to specific investors at predetermined terms.

Promoter Group Strengthening

Akhil Nair's increased shareholding from 12.64% to 15.46% demonstrates strengthened promoter commitment to Marg Techno-Projects Limited. The acquisition of 4,00,000 shares represents 2.82% of the expanded share capital, indicating significant financial participation in the company's growth trajectory.

The disclosure confirms that Akhil Nair belongs to the promoter group, and the acquisition maintains compliance with SEBI regulations regarding substantial shareholding changes. The company's shares continue to trade on both BSE and MSE platforms following this corporate action.

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.