Marble City India Ltd (531281) — Board Meeting | 17 September 2026

17 September 2026 · BSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Board approved allotment of 30 lakh convertible warrants to promoters

🔄 What Changed

30 lakh convertible warrants approved at ₹100 per warrant with ₹95 premium

🔮 What's Next

Conversion possible within 18 months after paying remaining 75% issue price

💡 Investor Takeaway

This creates potential future dilution if warrants convert into new shares

The board approved the allotment of 30 lakh convertible warrants at ₹100 per warrant, including a ₹95 premium, to promoters Saket Dalmia and Amit Dalmia, each receiving 15 lakh warrants. The warrants are convertible into equity shares after 18 months upon payment of the remaining 75% of the issue price, subject to regulatory approvals and a lock-in period.

📄 View Original Announcement (PDF)

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About Marble City India Ltd (531281)

Consumer Durables · Consumer Durables · Listed on BSE

Market Cap: ₹420.84 CrP/E: 56.2ROE: 8.8%ROCE: 13.2%

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📊 More 531281 filings

🟡 Board Meeting — 30 September 2026Marble City India held its AGM on September 30, 2026, approving the standalone and consolidated fina...
🟡 Board Meeting — 30 September 2026Marble City India held its 33rd AGM on September 30, 2026 via video conference, appointing Saket Dal...
Announcement — 28 September 2026Marble City India Ltd announced the closure of its insider trading window effective October 1, 2026,...
Announcement — 23 September 2026Marble City India Ltd disclosed a general filing containing cryptic financial text with no clear qua...
🟡 Board Meeting — 18 September 2026The board approved a preferential issue of up to 66 lakh convertible warrants at ₹117.50 each, raisi...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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