Marble City India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/05/2026 ,inter alia, to consider and approve the proposal for raising ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Marble City India Ltd has scheduled a Board meeting on May 15, 2026 to evaluate and potentially approve a fund-raising exercise. The company intends to raise capital by issuing equity shares and/or warrants convertible into equity shares through the preferential allotment route. The issuance will comply with SEBI ICDR Regulations 2018 and the Companies Act 2013, subject to necessary approvals. The trading window for insiders remains closed until 48 hours after the meeting outcome. The specific amount and pricing details are yet to be disclosed.
A successful capital raise could dilute existing shareholders but provide growth capital. The inclusion of convertible warrants suggests potential future equity dilution. Details on use of proceeds and investor identity will be key for market reaction.