Marble City India Limited has scheduled a board meeting for September 18, 2026, to consider potential fund-raising activities. The company aims to raise capital through the issuance of equity shares or warrants convertible into equity.

Marble City stated that the meeting will inter alia evaluate and approve these activities via permissible modes, including preferential allotment. This process is subject to receipt of requisite consents and approvals as applicable under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013.

The company notified the BSE Limited pursuant to Regulation 29(1)(d) read with Regulation 29(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on September 14, 2026.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for designated persons and insiders remains closed. This restriction continues until 48 hours after the declaration of the outcome of the board meeting.

Davender Kumar, Company Secretary and Compliance Officer, signed the disclosure on behalf of Marble City India Limited.

Salsett Vinimay Private Limited and its Persons Acting in Concert (PACs) acquired 2,250,000 shares of Marble City India Limited on September 10, 2026. The acquisition represents an 8.77% increase in voting rights, bringing the group’s total holding to 11.03% of the company’s equity share capital.

The transaction was executed through open market purchases. Prior to this acquisition, the group held 579,887 shares, constituting 2.26% of the total voting capital. The post-acquisition holding stands at 2,829,887 shares.

Acquisition Breakdown

The disclosure filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the distribution of shares among the acquirer and its PACs:

Salsett Vinimay Private Limited accounted for the majority of the new acquisitions, purchasing 2,200,000 shares. Vedant Kajaraia added 50,000 shares to his holding, while Rishi Kajaraia’s position remained unchanged.

What the Numbers Show

The acquisition was concentrated primarily in Salsett Vinimay Private Limited, which increased its individual stake from 389,887 to 2,589,887 shares. This single-entity purchase drove nearly 98% of the total block acquired by the group, indicating a strategic accumulation by the corporate entity rather than dispersed buying across all concert parties.

The company’s total equity share capital remained unchanged at 128,225,540 shares following the transaction. The acquirer confirmed it does not belong to the promoter or promoter group of Marble City India Limited.