Description
BSE announces listing of 877,800 new equity shares of Marble City India Limited issued on preferential basis, effective July 30, 2025.
Summary
BSE has approved the listing of 877,800 new equity shares of Marble City India Limited (Scrip Code: 531281) issued on preferential basis to non-promoters. The shares will commence trading on July 30, 2025, and rank pari-passu with existing equity shares.
Key Points
- 877,800 equity shares of Rs. 5.00 each issued at premium of Rs. 95.50
- Issue price: Rs. 100.50 per share
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE807H01023
- Distribution numbers: 22447309 to 23325108
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed about the new securities listing and permitted trading from the effective date.
Important Dates
- Allotment Date: January 24, 2025
- Trading Commencement: July 30, 2025
- Lock-in Period End: February 5-6, 2026 (varying by distribution numbers)
Impact Assessment
Minimal market impact expected as this represents a routine preferential issue listing. The lock-in restrictions on shares until February 2026 will limit immediate trading volume. The preferential issue indicates capital raising by the company for business expansion or working capital requirements.
Impact Justification
Routine listing of preferential shares with lock-in restrictions, limited market impact