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Awaiting price reaction for this filing.
Marg Techno Projects has informed BSE that its Board of Directors will meet on 9th December 2025 at 3:00 p.m. at the registered office in Surat. The main agenda is the issue and allotment of shares on a preferential basis to Promoters and Non-Promoters at Rs. 50 per share (including a Rs. 40 premium per share). This allotment has already been approved by shareholders at the Annual General Meeting held on 30 September 2025. BSE and MSE have also granted their in-principle approvals on 28 November 2025 and 3 December 2025 respectively. The board may also discuss any other matters it deems fit.
Shareholders should note that new shares will be issued at a premium to select promoters and non-promoters, which will dilute existing shareholdings. Since all key approvals are already in place, this is essentially a procedural step before the actual allotment, which could lead to short-term share price pressure depending on market sentiment toward dilution.