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

MARG TECHNO PROJECTS Limited's board has approved several key changes. The authorized capital will increase from ₹30 Cr to ₹45 Cr, alongside plans to raise up to ₹65 Cr through a rights issue, boosting future funding capacity. Mr. Arun Madhavan Nair has been appointed as the new Chief Financial Officer, following Mrs. Chhayaba Balbhadrasinh Dodiya's resignation. The company will also expand its business scope by adding new fintech objectives, including becoming a Bharat Bill Payment Operating Unit and developing digital payment platforms. Increases in remuneration for the MD and two Whole-Time Directors were also approved. An Extra Ordinary General Meeting is scheduled for April 17, 2026, to seek shareholder approval for these strategic initiatives.