ALPHA TRIBE

Marg Techno Projects LtdImportant, 25-09-2025: Company Update

25-09-2025 | 04:19 pm

Marg Techno-Projects Limited has issued an addendum to its 32nd Annual General Meeting notice, clarifying significant changes. The company corrected its borrowing limit from 300 Crore to 3,000 Crore. Details for a preferential issue of 21 Crore worth of shares have been revised, altering the list of allottees from 5 to 10 individuals, though the total issue amount remains the same. The use of proceeds includes 18 Cr for present issue (1 Cr for working capital), 900 Cr from QIP, and 270 Cr from loan conversion for core business, technology, acquisitions, and debt repayment. These updates impact the company's financial strategy and shareholding structure.

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