Description

BSE lists 2,50,000 new equity shares of Marble City India Limited issued on preferential basis to non-promoters via warrant conversion, effective for trading from February 27, 2026.

Summary

BSE has listed 2,50,000 new equity shares of Marble City India Limited (Scrip Code: 531281) on the Exchange. These shares were issued on a preferential basis to non-promoters through conversion of warrants at an issue price of Rs. 100.50/- per share (face value Rs. 5/- at a premium of Rs. 95.50/-). The shares are permitted for trading effective Friday, February 27, 2026.

Key Points

  • 2,50,000 new equity shares of Rs. 5/- face value listed on BSE
  • Issued to non-promoters on a preferential basis via warrant conversion
  • Issue price: Rs. 100.50/- per share (premium of Rs. 95.50/-)
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution Nos.: 23325109 to 23575108
  • ISIN: INE807H01023
  • Date of allotment: May 19, 2025

Regulatory Changes

No regulatory changes. This is a standard listing notification in accordance with BSE listing procedures for preferentially allotted shares.

Compliance Requirements

  • Trading members are informed to permit trading in these newly listed securities from February 27, 2026
  • The lock-in restriction applies to all 2,50,000 shares until August 31, 2026; these shares cannot be transferred or sold during the lock-in period

Important Dates

  • Date of Allotment: May 19, 2025
  • Effective Trading Date: February 27, 2026
  • Lock-in Expiry: August 31, 2026 (all 2,50,000 shares, Dist. Nos. 23325109 to 23575108)

Impact Assessment

The listing of 2,50,000 shares represents a modest increase in the tradable share capital of Marble City India Limited. The shares are subject to lock-in until August 31, 2026, limiting immediate selling pressure. Market impact is minimal given the small size of the issuance and the lock-in restriction. Existing shareholders should note the marginal dilution from this preferential allotment.

Impact Justification

Routine listing of a small tranche of preferentially allotted shares for a small-cap company; limited broader market impact, though relevant to existing shareholders and traders of Marble City India Limited.