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Awaiting price reaction for this filing.
Marg Techno Projects Limited has informed BSE that a board meeting will be held on Tuesday, December 9, 2025 at 3:00 PM at its registered office in Surat. The main agenda is the issue and allotment of shares at Rs. 50 per share, which includes a premium of Rs. 40 over the face value, on a preferential basis to both Promoters and Non-Promoters. This preferential allotment was already approved by shareholders at the AGM held on September 30, 2025. It has also received in-principle approvals from BSE on November 28, 2025 and MSE on December 3, 2025. The board may also discuss any additional matters.
Existing shareholders should expect some share dilution once the preferential shares are allotted. The Rs. 40 premium per share indicates the price is being set well above face value, which is generally favorable. The participation of promoters in subscribing to these shares signals insider confidence in the company.