Marble City India Limited converted 6,45,101 warrants into equity shares at Rs. 17.00 each on March 03, 2026, raising Rs. 82,25,000 from promoters. The conversion increased the company's paid-up capital to Rs. 12,75,75,540 with 2,55,15,108 total equity shares. Promoters Saket Dalmia and Amit Dalmia participated in this preferential allotment, with their combined shareholding increasing significantly following the warrant exercise.
Marble City India Limited Converts 6,45,101 Warrants into Equity Shares, Raises Rs. 82.25 Lakh
Marble City India Limited has successfully converted 6,45,101 warrants into an equal number of equity shares, marking a significant capital expansion for the company. The Board of Directors approved this conversion during their meeting held on March 03, 2026, which commenced at 05:00 P.M. and concluded at 5:30 P.M.
Warrant Conversion Details
The conversion involved 6,45,101 warrants being transformed into equity shares at an issue price of Rs. 17.00 each, including a premium of Rs. 12.00 per share. The company received a balance amount totaling Rs. 82,25,000 from the allottees at the rate of Rs. 12.75 per warrant, representing 75% of the issue price per warrant.
Parameter: Details Total Warrants Converted: 6,45,101 Issue Price per Share: Rs. 17.00 Premium per Share: Rs. 12.00 Balance Amount Received: Rs. 82,25,000 Rate per Warrant: Rs. 12.75
Promoter Participation
The conversion was executed on a preferential basis to promoters category. Two key promoters participated in this warrant conversion exercise:
Allottee Name: Warrants Converted Equity Shares Allotted Amount Received Saket Dalmia: 2,44,119 2,44,119 Rs. 31,12,517 Amit Dalmia: 4,00,982 4,00,982 Rs. 51,12,520
Impact on Share Capital
Following the warrant conversion, Marble City India Limited's capital structure has been strengthened significantly. The company's issued and paid-up capital now stands at Rs. 12,75,75,540, comprising 2,55,15,108 equity shares of Rs. 5.00 each. The newly allotted equity shares will rank pari-passu with the existing equity shares of the company.
Shareholding Changes
The conversion has resulted in changes to the promoters' shareholding positions:
Promoter: Pre-Issue Holdings Shares Allotted Post-Issue Holdings Saket Dalmia: 11,38,101 2,44,119 13,82,220 Amit Dalmia: 9,81,238 4,00,982 13,82,220
Background and Compliance
The warrants were originally allotted on September 10, 2024, carrying the right to subscribe to one equity share per warrant. The conversion process was conducted in accordance with the provisions of SEBI (ICDR) Regulations, 2018, and under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exercise represents the completion of the warrant conversion process, with no warrants remaining pending for conversion from the participating promoters.
Marble City India Limited has released its unaudited financial results for the third quarter of fiscal year 2026, showing robust performance across key financial metrics. The company reported these results under Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, with the results being reviewed by the Audit Committee and approved by the Board of Directors on February 14, 2026.
Quarterly Financial Performance
The company's standalone operations demonstrated strong growth during Q3FY26. Total income from operations reached ₹1602.56 lakhs for the quarter ended December 31, 2025, representing a significant increase from ₹1054.81 lakhs reported in the corresponding quarter of the previous year.
Financial Metric Q3FY26 (₹ Lakhs) Q2FY26 (₹ Lakhs) Q3FY25 (₹ Lakhs) Total Income from Operations 1602.56 1808.57 1054.81 Net Profit Before Tax 133.29 181.82 21.22 Net Profit After Tax 99.75 136.08 21.22 Total Comprehensive Income 99.75 136.08 21.22
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, Marble City India Limited achieved total income from operations of ₹5143.21 lakhs on a standalone basis, compared to ₹3364.59 lakhs in the corresponding nine-month period of the previous year. The company reported net profit after tax of ₹358.72 lakhs for the nine-month period, marking a remarkable turnaround from a net loss of ₹217.65 lakhs in the same period last year.
Consolidated Financial Results
On a consolidated basis, the company's performance was equally impressive. Total income from operations for Q3FY26 stood at ₹1797.44 lakhs, while net profit after tax reached ₹151.45 lakhs for the quarter. For the nine-month period, consolidated total income was ₹6279.71 lakhs with net profit after tax of ₹543.69 lakhs.
Earnings Per Share and Capital Structure
The company's earnings per share (EPS) for Q3FY26 was ₹0.42 (both basic and diluted) on a standalone basis, compared to ₹0.09 in Q3FY25. The equity share capital stood at ₹1181.26 lakhs as of December 31, 2025, showing a marginal increase from ₹1122.37 lakhs in the previous year.
EPS Metrics Q3FY26 Q2FY26 Q3FY25 Nine Months FY26 Nine Months FY25 Basic EPS (₹) 0.42 0.58 0.09 1.65 (0.97) Diluted EPS (₹) 0.42 0.58 0.09 1.65 (0.97)
Regulatory Compliance and Audit
The financial results have undergone limited review by the statutory auditors for the quarter ended December 31, 2025. The company has filed the complete format of quarterly financial results with the stock exchanges under Regulation 33 of SEBI regulations, with detailed results available on the BSE website at www.bseindia.com .
Marble City India Limited, with its registered office at A-30, S-11, Second Floor, Kailash Colony, New Delhi-110048, continues to demonstrate strong operational performance and financial discipline across its business segments.
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