Rights Issue16 Jun 2026, 06:10 pm
Marg Techno Projects Approves ₹63.9 Cr Rights Issue
AI Summary
Marg Techno Projects Ltd announced its Board of Directors has approved a Rights Issue of 6,39,00,000 equity shares at ₹10 per share, aggregating up to ₹63.90 crore. The record date for determining eligible shareholders is set for June 20, 2026. The company has received in-principle approval from BSE and MSEI for the issue. The 'Letter of Offer' will be filed with the stock exchanges, with BSE designated as the primary exchange for the issue. The issue aims to raise capital from existing shareholders.
Key Highlights
- Board approves Rights Issue of ₹63.90 crore.
- Issue price fixed at ₹10 per equity share.
- Record date set for June 20, 2026.
- Rights Entitlement Ratio: 9 shares for every 2 held.
- In-principle approval received from BSE and MSEI.
Price Impact
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