StockWatch
·
Non Banking Financial Company (NBFC)
Board Meeting11 Jun 2026, 08:11 pm

Marg Techno Projects Board Meeting on June 16 to Discuss Rights Issue

AI Summary

Marg Techno Projects Ltd has announced a Board of Directors meeting scheduled for June 16, 2026. The primary agenda is to consider and approve the terms of a Rights Issue, including the issue price, payment mechanism, entitlement ratio, and timing. The meeting will also fix the record date for determining shareholder eligibility for the Rights Issue. This move indicates the company's intention to raise capital through equity dilution.

Key Highlights

  • Board meeting scheduled for June 16, 2026.
  • Agenda includes considering and approving a Rights Issue.
  • Key terms like price, ratio, and timing to be decided.
  • Record date for Rights Issue to be fixed.