AGM/EGM10 Jun 2026, 05:01 pm
Marble City India Ltd: EGM Approves Warrant Issue to Promoters
AI Summary
Marble City India Ltd held an Extra Ordinary General Meeting (EGM) on June 10, 2026, where shareholders voted on the issue of warrants convertible into equity shares to persons belonging to the promoter category on a preferential basis. The resolution was passed as a special resolution. The voting results indicate overwhelming support from the promoter group, with 100% of their votes cast in favor of the resolution via e-voting. Public shareholders also participated, with a significant portion of their votes also in favor, though with a small number of dissenting votes. The total votes polled in favor were 18,809,816 out of 25,515,108 shares, representing 73.72% of the total votes.
Key Highlights
- EGM held on June 10, 2026, to approve preferential issue of warrants.
- Resolution passed with overwhelming support from promoter group.
- Public shareholders also largely voted in favor of the resolution.
- Total votes polled in favor: 73.72% of total shares.
- Issue is for warrants convertible into equity shares.
Price Impact
More from MARBLE