Sector & Market
Emrock Director Arjunkumar Patel Acquires 6.38% via Warrant Conversion
Promoter Buying / Selling
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
2nd Nov 2026
Key Quantitative Figures
- Shares Acquired: 13,60,000 equity shares of face value ₹10 each
- Percentage of Paid-up Capital: 6.38%
- Acquisition Date: October 30, 2026
- Total Consideration: ₹1,49,60,000.00
- Mode of Acquisition: Preferential allotment by conversion of warrants into equity shares
Shareholding Details
Pre-Acquisition Holding (Mr. Arjunkumar Jagdishbhai Patel)
- Shares carrying voting rights: 40,14,031 shares (25.21% of total capital)
- Warrants/convertible securities: 32,08,067 instruments (20.28% of total capital)
- Total holding (including instruments): 72,22,098 (45.65% of total capital)
Post-Acquisition Holding
- Shares carrying voting rights: 53,74,031 shares (25.21% of total capital)
- Warrants/convertible securities: 18,48,067 instruments (8.67% of total capital)
- Total holding (including instruments): 72,22,098 (33.88% of total capital)
Capital Structure Impact
Before Acquisition
- Equity share capital: ₹15,82,00,000 divided into 1,58,20,000 equity shares of ₹10 each
- Total diluted share/voting capital: ₹2,87,55,491 divided into 28,75,549 equity shares of ₹10 each
After Acquisition
- Equity share capital: ₹21,32,00,000 divided into 2,13,20,000 equity shares of ₹10 each
- Total diluted share/voting capital: ₹2,87,55,491 divided into 28,75,549 equity shares of ₹10 each
Parties Involved
- Acquirer: Mr. Arjunkumar Jagdishbhai Patel, Whole Time Director (DIN: 08982762)
- Target Company: Emrock Corporation Limited (formerly Vaghani Techno-build Limited)
- Stock Exchange: BSE Limited (Scrip Code: 531676)
- PAN of Acquirer: DWIPP3426E
Additional Information
- Acquirer belongs to Promoter/Promoter group
- No shares were in the nature of encumbrance (pledge/lien/non-disposal undertaking)
- The acquisition represents 4.73% of the total diluted share/voting capital
- Address of acquirer: 11, Heritage Acears, Opp. Science City, Science City Road, Sola, Ahmedabad - 380060, Gujarat