Announcement under Regulation 30
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Marg Techno Projects Ltd's Board, at its meeting on 12 December 2025, approved the allotment of 14,00,000 equity shares on a preferential basis at Rs. 50 per share (Rs. 10 face value + Rs. 40 premium), raising Rs. 7 crore in subscription money. Allottees include two promoter group members – Akhil Nair (4,00,000 shares, Rs. 2 crore) and Arun Madhavan Nair (4,50,000 shares, Rs. 2.25 crore) – along with four non-promoter investors contributing the remaining Rs. 2.75 crore. The Board took on record the Statutory Auditor's certificate confirming receipt of the subscription amount. This is the third tranche; the company had previously allotted 14,00,000 shares each on 6 December and 9 December 2025, taking cumulative issuances to 28,00,000 of the originally planned 42,00,000 shares. Funds will be utilised as per the objects approved by shareholders at the AGM.
The Rs. 7 crore equity infusion strengthens the company's capital base and signals promoter confidence (8.5 lakh shares taken by promoter group). However, the preferential issue at a fixed price will result in equity dilution for existing shareholders, and the stock may react based on the disclosed end-use of funds.