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

MARG TECHNO PROJECTS' board approved a major capital restructuring, increasing authorized capital from Rs. 30 Cr to Rs. 45 Cr and planning to raise up to Rs. 65 Cr through a Rights Issue. These steps are crucial for funding future business expansion. The company also signals a strategic shift into fintech, including bill payment operations and developing digital payment platforms, by altering its Memorandum of Association. In leadership changes, Mr. Arun Madhavan Nair joins as the new Chief Financial Officer, replacing Mrs. Chhayaba Balbhadrasinh Dodiya, while remuneration for key directors saw an increase. Shareholders will vote on these proposals at an upcoming EGM.