Rights Issue29 Jul 2026, 07:50 pm
Marg Techno Projects Allots 6.39 Cr Shares in Rights Issue
AI Summary
Marg Techno Projects Limited has approved the allotment of 6,39,00,000 Equity Shares of face value Rs.10.00/- each at an issue price of ₹2.07/- per share on a rights basis. This allotment, totaling an aggregate amount of up to Rs.6390.00 Lakhs, was finalized in consultation with BSE Limited and MCS Share Transfer Agent Ltd. Consequently, the company's paid-up equity share capital has increased from Rs. 14,20,00,000/- to Rs. 78,10,00,000/-.
Key Highlights
- Board approved allotment of 6.39 crore equity shares.
- Rights issue price set at ₹2.07 per share.
- Total funds raised approximately ₹63.90 Crores.
- Paid-up equity capital increased significantly.
- Allotment finalized in consultation with BSE and Registrar.
Price Impact
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