Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Marg Techno Projects Ltd's board approved an increase in authorised share capital from Rs. 45 crore (4.5 crore shares of Rs. 10 each) to Rs. 85 crore (8.5 crore shares of Rs. 10 each), creating an additional 4 crore equity shares. The move is intended to support future funding requirements and market conditions. The increase is subject to shareholder approval at an Extra Ordinary General Meeting scheduled for June 10, 2026. The board also appointed a scrutinizer for the remote e-voting process at the EGM.
The authorised capital increase signals the company is preparing for future equity fundraising, possibly via rights issue or strategic placements. No immediate impact on stock, but watch for subsequent announcements on use of funds or share issuance.