Marg Techno Projects has fixed June 20, 2026, as the record date for its ₹65 crore rights issue. This move allows eligible shareholders to participate in the upcoming capital raise.

Marg Techno Projects Fixes Record Date for ₹65 Crore Rights Issue

Marg Techno Projects Limited has announced June 20, 2026, as the record date for its upcoming rights issue of equity shares amounting to ₹65 crore.

Reader Takeaway: Rights issue date formalized; capital raise moves forward to fund growth.

What just happened

The Board of Directors of Marg Techno Projects Limited, in a meeting on June 16, 2026, finalized the record date for the company's rights issue. The record date is set for Saturday, June 20, 2026. Shareholders on this date will be eligible for the rights entitlements.

Why this matters

Fixing the record date is a crucial step in the rights issue process. It provides a clear timeline for investors and confirms their eligibility to participate in the capital raise aimed at collecting ₹65 crore.

The backstory

The company's board had previously approved the rights issue of fully paid-up equity shares on March 20, 2026. The total issue size is capped at ₹65 crore (₹6500 lakh).

What changes now

Shareholders as of June 20, 2026, will be entitled to the rights issue. The company is moving forward with its capital-raising plans.

Risks to watch

Investors should await details on the rights issue price and ratio, which will determine the attractiveness and potential dilution of the offering.

Peer comparison

(No verified peer data available in filing for comparison).

Context metrics (time-bound)

The record date is June 20, 2026. The total issue amount is ₹65 crore. BSE approval was on May 5, 2026, and MSEI approval on June 10, 2026.

What to track next

Investors should monitor announcements regarding the issue price, subscription ratio, and the opening and closing dates for the rights issue subscription period.