Marg Techno-Projects Limited announced a private placement to issue 4,000,000 equity warrants at an issue price of INR 3.50 for the gross proceeds of INR 14,000,000 on April 14, 2023. The transaction will include participation from individual investor Madhubhai N. Vekaria for 1,650,000 warrants, Vasantbhai L. Mangrolia for 1,550,000 warrants, Yugma J. Acharya for 200,000 warrants and Ketan M. Chalishazar for 600,000 warrants. The transaction has been approved by the shareholders and is still subject to shareholders, stock exchange and regulatory approvals.