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

Marg Techno Projects' board has approved a substantial increase in authorized capital from ₹30 Cr to ₹45 Cr to support future growth. The company plans to raise up to ₹65 Cr through a rights issue of equity shares, pending approvals. Further, the board appointed Mr. Arun Madhavan Nair as the new Chief Financial Officer, following the resignation of Mrs. Chhayaba Balbhadrasinh Dodiya due to personal reasons. Shareholders will also vote on increasing director remunerations and expanding the company's business objectives to include fintech and digital payment services, signifying a potential strategic shift. An Extra Ordinary General Meeting is scheduled for these approvals.