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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Marg Techno Projects Ltd has approved an increase in the company's Authorised Share Capital from Rs. 45 crores (4.5 crore equity shares of Rs. 10 each) to Rs. 85 crores (8.5 crore equity shares of Rs. 10 each). This represents an addition of 4 crore equity shares. The increase is subject to shareholder approval at an Extra Ordinary General Meeting scheduled for June 10, 2026. The company states it is considering current market conditions and future funding requirements as the rationale. The amendment will require changes to Clause V of the Memorandum of Association under Sections 13 and 61 of the Companies Act, 2013.
The authorized capital increase gives the company flexibility for future equity fundraising but does not immediately impact existing shareholders. The actual share count or face value remains unchanged for now until shareholders approve the change.