Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Marg Techno Projects has called an Extraordinary General Meeting (EGM) on April 17, 2026, with e-voting open from April 14 to April 16, 2026. The cut-off date to vote is April 10, 2026. Shareholders will vote on five key resolutions: (1) increasing authorised share capital from Rs. 30 crore to Rs. 45 crore by adding 1.5 crore new equity shares of Rs. 10 each, (2) adding new business objects to the MOA covering fintech, digital payments, BBPS (Bharat Bill Payment System), payment gateways, and related services, and (3) approving higher remuneration for Managing Director Akhil Nair and two Whole-Time Directors Arun Madhavan Nair and Dhananjayan Kakkat Nair, effective April 1, 2026. The company appears to be positioning itself for a significant business expansion into the fintech and digital payments space. CS Jitendra Bhagat has been appointed as the scrutinizer to oversee a fair voting process.
The proposed share capital hike and addition of fintech/payment-related business objects signal a likely fundraising and business diversification push, which could be positive for growth but may lead to dilution if the new shares are issued. The increase in director remuneration is a corporate governance point that shareholders should evaluate against company profits.