Rights Issue29 Jul 2026, 07:50 pm
Marg Techno Projects Approves Rights Issue Allotment
AI Summary
Marg Techno Projects Ltd announced the Board of Directors' approval for the allotment of its Rights Issue during a meeting held on July 29, 2026. The company will allot 6,39,00,000 Equity Shares at ₹2.07 per share, raising an aggregate amount of up to Rs.6390.00 Lakhs. This allotment increases the company's paid-up equity share capital from Rs. 14,20,00,000/- to Rs. 78,10,00,000/-. The decision was made in consultation with BSE Limited and RTA, MCS Share Transfer Agent Ltd.
Key Highlights
- Board approved allotment of 6,39,00,000 equity shares via rights issue.
- Issue price set at ₹2.07 per equity share.
- Total funds raised expected to be up to Rs.6390.00 Lakhs.
- Paid-up equity share capital increased significantly.
- Allotment finalized in consultation with BSE Limited and RTA.
Price Impact
More from MTPL