Announced Fri, 24 Jul · 16:40 IST
Board approves conversion of 3,85,000 warrants into equity shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹119.95
prior close
₹118.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+5.0—-2.3——————————
Up moveDown movePending
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.