Intimation of In - Principal Approval
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Marg Techno Projects Ltd has received in-principle approvals from both BSE (dated May 5, 2026) and Metropolitan Stock Exchange of India (MSEI, dated June 10, 2026) for its proposed Rights Issue of fully paid-up equity shares. As per the MSEI letter, the total issue size is up to Rs. 65 crore, though the face value, premium, ratio, and record date are yet to be finalized and disclosed in the Letter of Offer. The company had originally applied on March 21, 2026, and must now complete further statutory and SEBI compliance steps before the issue can open to eligible shareholders.
Existing shareholders will likely get a chance to subscribe to new shares on a rights basis in proportion to their existing holdings, which could be dilutive if they do not participate. The issue size of up to Rs. 65 crore signals a capital raise, though final terms (price, ratio, record date) are still pending, so any near-term stock impact is expected to be limited until further details are announced.