Marg Techno Projects Ltd — Important, 16-09-2025: Company Update

Marg Techno Projects' board met and ratified a significant Preferential Issue of 42 lakh equity shares. These shares, priced at Rs. 50 each, will raise Rs. 21 crore from both promoters and non-promoters, strengthening the company's capital base. The board also approved a corrigendum to refine the documentation for this preferential issue. Crucially, a previous error in stating borrowing powers was corrected, increasing the limit from Rs. 300 crore to Rs. 3000 crore. This substantial increase in borrowing capacity provides the company with greater financial flexibility for future operational expansion and strategic initiatives, which is a key update for investors.