Marg Techno Projects Ltd — Important, 20-03-2026: Company Update

Marg Techno Projects' board has approved a capital raise plan and leadership changes. The company will increase its authorized capital from ₹30 Cr to ₹45 Cr to support future funding. It also plans to raise up to ₹65 Cr through a rights issue. Mrs. Chhayaba Balbhadrasinh Dodiya resigned as CFO, and Mr. Arun Madhavan Nair was appointed in her place. Additionally, the board approved expanding its business scope to include fintech and payment services, and an increase in remuneration for key directors. These decisions are subject to shareholder approval at an upcoming EGM.