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Marg Techno Projects LtdImportant, 20-03-2026: Company Update

20-03-2026 | 08:25 pm

MARG Techno Projects' board approved a significant capital restructuring and business expansion. The company will increase authorized capital from 30 Cr to 45 Cr and raise up to 65 Cr via a Rights Issue to eligible shareholders, aiming to fuel future growth. Operationally, the board also approved expanding into new fintech services, including Bharat Bill Payment Operating Unit (BBPOU) and developing digital payment platforms. Leadership changes include Mr. Arun Madhavan Nair's appointment as CFO, replacing Mrs. Chhayaba Balbhadrasinh Dodiya. Remuneration for key directors was also adjusted. An Extra Ordinary General Meeting will be held to secure shareholder approvals for these strategic moves.

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