Marg Techno Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/08/2025 ,inter alia, to consider and approve PRIOR BOARD MEETING INTIMATION
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Marg Techno Projects has informed the stock exchanges that its Board will meet on Thursday, August 21, 2025, at 4:30 PM at its Surat registered office. Key items on the agenda include raising funds through equity shares, convertible securities, or other instruments via private placement, QIP, preferential issue, rights issue, or public issue, along with deciding the issue size and price. The Board will also consider borrowing money under Section 180 of the Companies Act and accepting Inter Corporate Deposits (ICDs) or loans from corporates up to Rs. 300 crores. Additionally, the Board will discuss entering a new business of giving loans or guarantees linked to the securities market, making investments or providing loans/ICDs/guarantees under Section 186, and forming a subsidiary company abroad.
If approved, the Rs. 300 crore ICD limit and broad fund-raising plans signal a major capital expansion push, which could lead to equity dilution depending on the mode chosen. The move into securities-market lending and formation of an overseas subsidiary also hint at a strategic shift beyond the company's current operations, which could be positive for long-term growth but adds execution and regulatory risk for shareholders.