BSEMarg Techno Projects LtdMediumNeutral
Announced Tue, 10 Feb · 19:36 IST

Intimation

Warrants ConvertedFund Raising View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Marg Techno Projects Ltd has received trading approval from BSE and MSEI for 14,00,000 equity shares issued on a preferential basis. The shares have a face value of Rs. 10 each and were issued at a premium of Rs. 40, bringing the issue price to Rs. 50 per share. These shares were allotted on 9th December 2025 to promoters and non-promoters pursuant to the conversion of warrants, and are now permitted to trade on the exchanges from 11th February 2026. The new shares will rank pari-passu (equally) with existing equity shares. Of the 14 lakh shares, 8 lakh shares (issued to promoters) are locked in until 31st August 2027, while the remaining 6 lakh shares are locked in until 31st August 2026.

Likely market impact

The listing of these shares increases the total share count, which may dilute existing shareholders' stakes. However, since the shares were already allotted in December 2025, this is primarily a procedural update enabling trading of the new shares. Shareholders should note the lock-in periods mean a portion of these shares cannot be sold by recipients in the near term.