Marg Techno Projects Ltd — Important, 25-06-2026: Company Update
Marg Techno-Projects Limited has announced a Rights Issue of 6,39,00,000 equity shares at ₹10 each, totaling ₹63.90 Cr, with a ratio of 9 shares for every 2 held. The funds will primarily augment the capital base by ₹61.30 Cr to support NBFC activities and loan disbursements, with ₹2.60 Cr allocated for general corporate purposes. Promoters have confirmed their participation, intending to subscribe to their entitlement and additional unsubscribed shares, underscoring their confidence. For the year ended March 31, 2026, the company reported a total income of ₹6.93 Cr, a profit after tax of ₹0.99 Cr, and a net worth of ₹34.62 Cr, maintaining a robust Capital to Risk-weighted Assets Ratio of 59.98%. This issue aims to bolster business growth and ensure continued regulatory compliance.
