Marg Techno Projects: 14 Lakh New Shares Approved for Trading

Introduction

Marg Techno Projects Limited has received trading approval from both the BSE Limited and the Metropolitan Stock Exchange of India Limited (MSEI) for 14,00,000 new equity shares. This development follows the successful completion of a preferential allotment that raised Rs 7 crore for the company. Trading for these newly issued shares is set to commence on February 11, 2026, marking a key step in the company's capital expansion strategy.

Details of the Trading Approval

The formal approvals were communicated by the stock exchanges on February 10, 2026. BSE Limited issued its consent via letter number LOD/PREF/SV/166/2025-2026, while MSEI provided its authorization through letter number MSE/LIST/18580/2026. Both exchanges confirmed that the shares would be admitted to dealings on their platforms from February 11, 2026, integrating them into the secondary market.

Specifications of the Preferential Issue

The preferential issue was structured with specific financial parameters to raise capital from a select group of investors, including promoters. The allotment was completed on December 6, 2025. The new shares will rank pari-passu with the existing equity shares, ensuring equal rights for all shareholders.

Capital Infusion and Promoter Confidence

The Rs 7 crore fund infusion was subscribed by both promoter and non-promoter category investors. The participation of the promoter group signals strong confidence in the company's future prospects. Notably, promoter Arun Madhavan Nair acquired an additional 4,50,000 shares, increasing his stake in the company from 13.13% to 15.00%. Similarly, another promoter, Madhavan Kakkat Nair, acquired 5,00,000 shares, boosting his holding from 9.46% to 12.69%. These transactions underscore the promoters' commitment to the company's growth.

Impact on Capital Structure

The preferential allotment has expanded the company's equity base. The total issued and paid-up share capital of Marg Techno Projects Limited increased following the allotment of the new shares.

This increase of 14,00,000 equity shares strengthens the company's financial position and provides resources for objectives approved by shareholders.

Regulatory Lock-in Periods

As per regulatory guidelines for preferential issues, the newly allotted shares are subject to a mandatory lock-in period. The structure is staggered, which helps in maintaining market stability by preventing an immediate offloading of a large volume of shares.

Timeline of the Allotment Process

The journey from proposal to trading approval involved several key milestones over recent months:

• September 30, 2025: Shareholders approved the preferential issue at the Annual General Meeting.
• November-December 2025: The company received in-principle approvals from BSE and MSEI.
• December 9, 2025: The Board of Directors met to consider and approve the allotment of shares.
• December 2025: The allotment was completed, and funds were raised.
• February 10, 2026: Final trading approval was granted by the stock exchanges.
• February 11, 2026: Trading of the new shares is scheduled to begin.

Market and Listing Information

The company's shares are listed on both BSE and MSEI, providing liquidity and access to a broad investor base. The scrip code on BSE is 540254, and the symbol on MSEI is MTPL (Scrip Code: 35404). The market lot for trading is set at one share, which allows for participation from retail investors.

Conclusion

The successful completion of the Rs 7 crore preferential allotment and the subsequent trading approval represent a significant achievement for Marg Techno Projects Limited. This capital raise enhances the company's financial flexibility to pursue its strategic objectives. As the new shares become available for trading, the company continues its focus on operational performance, with a board meeting scheduled for January 24, 2026, to review the unaudited financial results for the quarter ended December 31, 2025.