Board approves conversion of 3,85,000 warrants into equity shares

Warrants ConvertedFund Raising View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹119.95

prior close

₹118.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-1.6% vs market

Other Construction Materials peers, median of 16sector+1.6%-1.9% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.9 pts less than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.2

10m

+5.0

15m

+5.0

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+1.3-1.6+1.6-1.9

Next day

-2.5+0.0-2.5+1.2-3.7

+0.0+0.5-0.5+2.5-2.5

+0.0-0.1+0.1-1.0+1.1

-0.3+1.0-1.3-0.9+0.6

+0.9+2.4-1.5+0.2+0.7

-4.0+4.1-8.2+0.9-4.9

15d

+0.0+5.1-5.0+4.8-4.8

+1.7+5.8-4.1+3.6-1.9

+41.3+4.5+36.8+6.7+34.6

+31.7-2.4+34.1-0.9+32.6

UpDownMarket · Nifty Microcap 250Sector · Other Construction Materials peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Marble City India board approved conversion of 3,85,000 warrants into equity shares at Rs. 100.50 per share (Rs. 95.50 premium) to 8 Non-Promoter/Public allottees. Balance amount of Rs. 2.90 crore (75% of issue price) received. Paid-up equity capital rises to Rs. 13.02 crore with 2,60,30,108 shares of Rs. 5 each. Warrants were originally allotted on January 24, 2025.

Likely market impact

Minor dilution as 3,85,000 new shares added; capital base widens to 2.60 crore shares. Non-promoter equity holding increases.