A meeting of the Board of Directors of Marg Techno – Project Limited was held on Thursday, 3rd September 2026, from 4:30 PM to 5:30 PM at the company's registered office at 1206, Royal Trade Centre, Opp. Star Bazar, Adajan, Surat - 395009. The board considered and approved the following matters:
Key Board Approvals:
1. Directors Report: Approved the Directors Report for the financial year ended 31st March 2026 as per the provisions of the Companies Act, 2013.
2. New Appointment: Approved the appointment of Mr. Harsh Chauhan (DIN: 11918169) as a Non-Executive Independent Director (Additional) for a period of 5 years effective from 3rd September 2026, subject to shareholder approval by special resolution.
3. Re-appointments:
- Approved re-appointment of Shri Pankaj Jadhav (DIN: 05279030) for a second term as Independent Director, subject to shareholder approval.
- Approved re-appointment of Smt. Deepa Nair (DIN: 09291891) for a second term as Women Independent Director, subject to shareholder approval.
4. Voluntary Delisting: Approved voluntary delisting of equity shares from the Metropolitan Stock Exchange of India Limited (MSE) without providing any exit opportunity to shareholders, in accordance with Regulations 5 & 6 of SEBI (Delisting of Equity Shares) Regulations, 2021. The company's shares will remain listed on BSE Limited. A public notice of the proposed delisting will be published in newspapers as required by SEBI Delisting Regulations.
5. Audit Reports:
- Approved the Secretarial Audit Report for the financial year ended 31st March 2026.
- Approved the Board's Report for the 33rd Annual General Meeting for the financial year ended 31st March 2065.
6. AGM Arrangements:
- Decided to provide e-voting facility through CSDL platform and VC facility from CDSL for the 33rd AGM.
- Approved the notice convening the 33rd Annual General Meeting scheduled for Wednesday, 30th September 2026 at 11:00 AM through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
- Appointed Mr. Jitendra Bhagat (Practicing Company Secretary, Membership No. F3032 & COP: 1311) as Scrutinizer for e-voting.
7. Committee Reconstitution: Following Mr. Harsh Chauhan's appointment, the board reconstituted the following committees with his inclusion:
- Audit Committee
- Nomination and Remuneration Committee
- Stakeholders Relationship Committee
Director Profiles:
Pankaj Jadhav (DIN: 05279030):
- Age: 43 years
- Qualification: M.B.A
- Experience: 15 years business experience, 13 years corporate governance experience
- Term: Until conclusion of AGM in calendar year 2031
- Remuneration: As per Remuneration Policy (last drawn: N.A.)
- Justification: Experience across Finance and Banking sectors
- No directorships in other listed entities
Deepa Nair (DIN: 09291891):
- Age: 53 years
- Qualification: Corporate Governance experience of over 5 years
- Experience: 8 years business experience, 5 years corporate governance experience
- Term: Until conclusion of AGM in calendar year 2031
- Remuneration: As per Remuneration Policy
- Justification: Experience in Finance and Banking sectors over past 8 years
- No directorships in other listed entities
Harsh Chauhan (DIN: 11918169):
- Age: 30 years
- Qualification: B. Tech
- Experience: Worked across Finance, Banking and IT sectors for 5 years
- Term: Until conclusion of AGM in calendar year 2031
- Remuneration: As per Remuneration Policy (last drawn: N.A.)
- Justification: Previous experience with Banking and Fintech industries
- No directorships in other listed entities
Revised Committee Composition:
Nomination and Remuneration Committee:
- Deepa Nair (Chairperson, Independent Director)
- Harsh Chauhan (Member, Independent Director)
- Pankaj Jadhav (Member, Independent Director)
Stakeholders Relationship Committee:
- Pankaj Jadhav (Chairperson, Independent Director)
- Dhananjay Kakkat Nair (Member, Executive Director)
Disclosure Reference: Made pursuant to Regulations 29 and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.