Marble City India approves warrant issue via e-voting

1 min read Updated on 10 Jun 2026, 05:28 PM

Reviewed by

Shriram SScanX News Team

AI Summary

Marble City India Limited secured shareholder approval to issue warrants convertible into equity shares to promoters on a preferential basis. The resolution passed with 99.99% of votes polled in favour during the Extra Ordinary General Meeting held on June 10, 2026. A total of 18,809,816 votes were cast in favour, representing 73.72% of the total outstanding shares.

*this image is generated using AI for illustrative purposes only.

Marble City India Limited secured shareholder approval to issue warrants convertible into equity shares to persons belonging to the promoter category on a preferential basis. The resolution was passed via e-voting with 99.99% of votes polled in favour. This capital-raising move strengthens the company's equity base following the Extra Ordinary General Meeting held on June 10, 2026.

The special resolution received overwhelming support across voting categories. Promoters and the promoter group cast 10,257,193 votes in favour, representing 100% of their polled shares. Public non-institutions contributed 8,552,623 votes in favour, while public institutions did not participate in the voting process.

Voting Summary

Category	Votes For	Votes Against	% For	% Against
Promoter and Promoter Group	10,257,193	0	100.00%	0.00%
Public Non-Institutions	8,552,623	215	99.99%	0.0004%
Public Institutions	0	0	0.00%	0.00%
Total	18,809,816	215	99.99%	0.0005%

A total of 18,810,031 votes were polled, representing 73.72% of the total outstanding shares. The meeting was conducted via video conferencing, with Mr. Saket Dalmia, Managing Director, serving as the Chairman. The official voting results were disclosed under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Marble City

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.23%	+39.02%	+38.02%	-15.55%	-29.52%	+906.84%

What specific projects or debt obligations will the proceeds from the warrant issuance fund?

At what price will the warrants be issued, and how does this valuation compare to current market levels?

What is the expected timeline for the conversion of these warrants into equity shares?

Read Next Article

Marble City India board to meet on May 30 to approve FY26 results

0 min read Updated on 25 May 2026, 12:27 PM

Reviewed by

Riya DScanX News Team

Add as a preferred
source on Google

AI Summary

Marble City India Limited's board is set to meet on May 30, 2026, to approve the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026. The meeting, scheduled for 6:00 PM, follows Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

*this image is generated using AI for illustrative purposes only.

Marble City India Limited has announced that its board of directors will meet on May 30, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026. The meeting is scheduled to take place at 6:00 PM.

The board will convene pursuant to Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The primary agenda item is the review and approval of the company's financial performance for the fourth quarter and the full fiscal year.

Agenda Details

The meeting will focus on the following business:

Consideration and approval of audited Standalone Financial Results for the quarter and year ended March 31, 2026.
Consideration and approval of audited Consolidated Financial Results for the quarter and year ended March 31, 2026.

Meeting Information

Detail	Information
Date	May 30, 2026
Time	06:00 PM
Purpose	Approval of Audited Financial Results
Period	Q4 and FY ending March 31, 2026

Historical Stock Returns for Marble City

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.23%	+39.02%	+38.02%	-15.55%	-29.52%	+906.84%

How has Marble City India Limited's revenue and profitability trended over FY2026 compared to the previous fiscal year, and what factors drove any significant changes?

Will the board consider declaring a dividend for FY2026 during or following the May 30 meeting, given the company's financial performance?

What strategic expansions or capital allocation plans might Marble City India Limited announce alongside its FY2026 results to signal future growth direction?