MTPL Board Approves ₹15.00 Cr Capital Increase, ₹65.00 Cr Rights Issue and CFO Changes
Published on: March 20, 2026, 10:10 p.m. | Source: scanx.trade
Marg Techno-Projects Limited concluded its board meeting on March 20, 2026, approving major corporate restructuring initiatives including authorized capital increase to ₹45.00 crores, ₹65.00 crore rights issue for existing shareholders, CFO transition with Mr. Arun Madhavan Nair's appointment replacing Mrs. Chhayaba Balbhadrasinh Dodiya, addition of new business objects in fintech and digital payment services, remuneration increases for key management personnel, and scheduling of Extraordinary General Meeting on April 17, 2026 for shareholder approvals.
