Marble City India Allots 30 Lakh Promoter Warrants At Rs 100 Each

Board allotted 30L convertible warrants at Rs100 (25% paid) to promoters Saket Dalmia 15L and Amit Dalmia 15L, convertible to equity in 18 months post EGM and BSE nod. Moves proposed promoter warrants to allotment; continues recurring warrant funding for negative operating cash after prior public round saw large forfeitures. Paid-up capital unchanged until conversion; balance 75% due on exercise within 18 months. Exercise pace key given past lapses and high leverage.