The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akhil Nair
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Akhil Nair, a member of the promoter group of Marg Techno Projects Ltd, has disclosed an acquisition of 4,00,000 equity shares (2.82% of share capital) under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. The acquisition was on December 9, 2025, and appears to be through a preferential allotment, as the company's total equity capital rose from Rs. 11.40 crore (1.14 crore shares) to Rs. 12.80 crore (1.28 crore shares) of face value Rs. 10 each. Following the acquisition, his reported holding stands at 16,18,190 shares, representing 12.64% of the post-issue share capital.
This indicates the promoter group is infusing fresh capital into the company through a preferential issue, which is a positive signal of promoter confidence but slightly dilutes non-promoter shareholders. Investors should watch for the related preferential allotment terms and pricing for a fuller picture.