Marble City India Approves ₹77.55 Crore Preferential Warrant Issue

Board approved preferential issue of up to 66L warrants at Rs117.50 each (Rs77.55Cr) to six non-promoters, each into 1 Rs5 share within 18 months. Extends recurring warrant-funded working-capital loop; largest non-promoter tranche to date after recent promoter allotment and large lapse of prior public warrants. Adds material dilution overhang (~18.5% fully diluted); subject to EGM Oct 14 and approvals; payment schedule, use of proceeds not disclosed; conversion risk remains.