Description

BSE announces listing of 14,00,000 equity shares of MARG TECHNO PROJECTS LIMITED issued on preferential basis pursuant to warrant conversion, effective February 11, 2026.

Summary

BSE has announced the listing of 14,00,000 new equity shares of MARG TECHNO PROJECTS LIMITED (Scrip Code: 540254) effective February 11, 2026. These shares were issued at a premium of Rs. 40/- per share (issue price Rs. 50/-) to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 14,00,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 50/- (Rs. 10/- face value + Rs. 40/- premium)
  • Issued to: Promoter and Non-Promoter on preferential basis
  • Basis: Conversion of warrants
  • Distinctive Numbers: 11400001 to 12800000
  • Date of Allotment: December 9, 2025
  • Trading commencement: February 11, 2026
  • ISIN: INE245H01018
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities.

Compliance Requirements

Trading members must note:

  • New shares available for trading from February 11, 2026
  • Lock-in restrictions apply to all issued shares (see Important Dates section)
  • Shares subject to standard trading regulations for locked-in securities

Important Dates

  • Allotment Date: December 9, 2025
  • Trading Start Date: February 11, 2026
  • Lock-in Details:
    • 800,000 shares (Dist. Nos. 11400001-12200000): Locked until August 31, 2027
    • 600,000 shares (Dist. Nos. 12200001-12800000): Locked until August 31, 2026

Impact Assessment

Market Impact: Low. This is a routine listing of preferential allotment shares following warrant conversion for a single company. The 14 lakh shares represent new equity capital raised by the company.

Liquidity Impact: Limited immediate impact due to complete lock-in of all shares. 600,000 shares will become tradable after August 31, 2026, and remaining 800,000 shares after August 31, 2027.

Dilution: The new shares will cause dilution for existing shareholders but rank equally (pari-passu) in all respects.

Impact Justification

Routine listing of preferential allotment shares from warrant conversion for a single company with limited market-wide impact