Rights Issue16 Jun 2026, 06:10 pm
Marg Techno Projects Approves Rights Issue of ₹63.9 Cr
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 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 exchanges, and the issue is expected to open on June 29, 2026.
Key Highlights
- Board approved Rights Issue of ₹63.90 crore.
- Issue price set at ₹10 per equity share.
- Record date for eligibility is June 20, 2026.
- Rights Entitlement Ratio is 9 shares for every 2 held.
- Issue opens on June 29, 2026.
Price Impact
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