Marg Techno Projects Promoters Dilute Stake Post Rights Issue

Marg Techno Projects Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, detailing changes in promoter shareholding following a rights issue. The total shareholding of the promoter group has decreased from 48.35% to 29.28% due to the issuance of new equity shares. Specifically, Arun Madhavan Nair's stake reduced from 16.27% to 10.41%, Akhil Nair's from 14.21% to 10.27%, and Madhavan Kakkat Nair's from 10.19% to 6.97%. The dilution is attributed to the increase in the company's total paid-up equity share capital post-rights issue, not from any sale or transfer of shares by the promoters.