Description

BSE lists 4,70,587 new equity shares of Marble City India Limited for trading effective April 13, 2026, issued on preferential basis to Promoters at Rs. 17/- per share pursuant to conversion of warrants.

Summary

BSE has listed 4,70,587 new equity shares of Marble City India Limited (Scrip Code: 531281, ISIN: INE807H01023) for trading on the Exchange with effect from Monday, April 13, 2026. These shares were issued at a premium of Rs. 12/- per share (face value Rs. 5/-, issue price Rs. 17/-) to Promoters on a preferential basis pursuant to conversion of warrants allotted on February 10, 2026.

Key Points

  • 4,70,587 equity shares of Rs. 5/- face value issued at Rs. 17/- per share (Rs. 12/- premium)
  • Issued to Promoters on preferential basis via warrant conversion
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 24399421 to 24870007
  • Date of allotment: February 10, 2026
  • All 4,70,587 shares are under lock-in until October 15, 2027
  • Trading permitted from April 13, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notice for securities arising from a preferential allotment pursuant to warrant conversion under applicable SEBI regulations.

Compliance Requirements

  • Trading members are informed that the new securities are listed and permitted to trade from April 13, 2026
  • Lock-in restrictions apply to all 4,70,587 shares (Dist. Nos. 24399421 to 24870007) until October 15, 2027; these shares cannot be traded during the lock-in period

Important Dates

  • Date of Allotment: February 10, 2026
  • Trading commencement: April 13, 2026 (Monday)
  • Lock-in expiry: October 15, 2027

Impact Assessment

The listing adds 4,70,587 shares to the tradeable float of Marble City India Limited; however, since all newly listed shares are under promoter lock-in until October 2027, there is no immediate increase in free-float or liquidity. Market impact is expected to be minimal. The preferential allotment at Rs. 17/- (face value Rs. 5/- + premium Rs. 12/-) reflects a modest premium and represents a capital raise via warrant conversion by promoters, signalling promoter commitment to the company.

Impact Justification

Routine preferential allotment listing for a small-cap company; shares are subject to lock-in until October 2027 and rank pari-passu with existing equity, limiting immediate market impact.