- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
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MARG Techno Projects' board has approved significant steps for future growth and financial flexibility. This includes plans to raise funds up to Rs. 1,000 Cr via a Qualified Institutions Placement (QIP), increase borrowing limits to Rs. 300 Cr, and accept inter-corporate deposits up to Rs. 500 Cr. The company is also venturing into a new business model of providing loans and guarantees to NBFCs and other corporates, alongside forming a subsidiary abroad. Mr. Arun Madhavan Nair's role has changed to Executive Director, signifying increased operational involvement. The board will discuss a preferential issue in an upcoming meeting.