EGM held via video conferencing; special resolution for issue of warrants convertible into equity shares transacted
Marble City India Ltd held its (2)/2026-27 Extra Ordinary General Meeting on October 14, 2026 through video conferencing / audio-visual means.
By ScoutQuest · · 2 min read
- EGM Date
- October 14, 2026
- Resolution Transacted
- Special Resolution for issue of warrants, convertible into equity shares
- Voting Results Declaration
- within 48 hours of the conclusion of the EGM
EGM held, quorum present
- The (2)/2026-27 Extra Ordinary General Meeting of Marble City India Limited was held on October 14, 2026 at 10:00 A. M. through video conferencing / other audio-visual means.
- Quorum was present. Mr. Saket Dalmia proposed himself for Chairman and was unanimously appointed Chairman of the Meeting.
- Mr. Nirdesh Agarwal, Independent Director, and Mrs. Usha Sharma, Director cum Chairperson of the Board of Directors, were granted leave of absence.
Who was present
- Mr. Saket Dalmia, Managing Director, who joined from Mumbai due to business travel.
- Mr. Amit Dalmia, Non-Executive Director, who joined from their residence in Delhi.
- Mr. Himanshu Duggal, Independent Director, who joined from their residence in Delhi.
- Mr. Sameer Kishore Bhatnagar, Samir Bhatnagar & Company, Scrutinizer, who joined from their office in Delhi.
The resolution taken up
- The special business in the notice was a Special Resolution for the issue of warrants, convertible into equity shares, to person(s) belonging to the Non-promoter category on a preferential basis.
- The businesses set out in the Notice of the Extra Ordinary General Meeting were transacted successfully.
How the voting was conducted
- As the meeting was held through video conferencing and the resolutions in the notice were already put to vote through remote e-voting, there was no proposing and seconding of the resolutions.
- E-voting was to be done till 11:00 A. M. for shareholders who had not cast their vote yet.
- After the conclusion of voting, the Scrutinizer will unblock the votes cast through remote e-voting and voting during the EGM and make a consolidated Scrutinizer's Report of the total votes cast in favour or against, if any.
- The results of the voting shall be declared within 48 hours of the conclusion of the EGM.
The meeting concluded at 11:00 A. M. with the permission of the shareholders who had joined, and the disclosure of the voting results of the Extra Ordinary General Meeting shall be uploaded shortly.
What this means for a retail reader
- The update records the outcome of the meeting. The key item is a special resolution allowing warrants that can later be converted into equity shares, issued to persons in the non-promoter category on a preferential basis.
- A preferential issue of this kind can change the shareholding pattern once the warrants are converted, so the voting results and the details of the issue are the points to track next.
Also from Marble City India
EGM voting result: special resolution to issue warrants on preferential basis passed
14 Oct 2026
EGM transacts special resolution for issue of warrants convertible into equity to non-promoters
14 Oct 2026
Registrar's Reg. 74(5) certificate for the quarter ended 30.09.2026
9 Oct 2026
More numbers
- EGM start time10:00 A. M.
- E-voting cut-off time at the EGM11:00 A. M.
- Time limit for declaring voting results48 hours
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.