EGM approves issue of warrants to promoters on preferential basis
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.7 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.
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Marble City India held an EGM on October 14, 2026 via video conferencing. Shareholders voted on issuing warrants convertible into equity shares to the promoter group on a preferential basis. About 54.54 percent of paid-up equity capital participated in remote e-voting. The resolution passed with near-unanimous support, 99.9999 percent in favor, with just 7 shares voted against by 2 members.
Promoters receive warrants that may convert into equity, which can dilute existing shareholders stake if exercised later