Emrock Corporation531676Promoter stake buy
Promoter director acquires 17,93,712 shares (6.24%) via warrant conversion
Parth Tulsibhai Patel, Director & CFO and promoter of the company, acquired 17,93,712 equity shares on 3 November 2026 through conversion of warrants into equity shares.
By ScoutQuest · · 2 min read
24.38%−0.09 pp
Before24.47%After24.38%
- Shares Acquired
- 17,93,712 equity shares
- Stake Acquired
- 6.24% of the total paid-up capital
- Net Purchase Value
- Rs. 1,97,30,832
What happened
- Parth Tulsibhai Patel, Director & CFO of the company and part of its promoter group, acquired 17,93,712 equity shares on 3 November 2026.
- These shares came from conversion of warrants into equity shares, not from an open market or off-market purchase.
- The acquisition equals 6.24% of the total paid-up capital, and the mode stated is preferential allotment by conversion of warrants into equity shares.
Why the stake percentage did not rise
- Before the conversion, the holding along with persons acting in concert was 52,15,972 shares, or 24.47% of the total voting capital.
- Alongside these shares, 17,93,712 warrants were held, which on full conversion would have taken the fully diluted holding to 24.38%.
- After the conversion, the holding is 70,09,684 shares, or 24.38% of the total voting capital.
- The number of shares held went up, but the total number of shares in the company also went up because new shares were issued on conversion. That is why the percentage stays almost where it was instead of rising.
What the numbers show
- Net purchase value for the 17,93,712 shares is Rs. 1,97,30,832.
- Paid-up equity share capital after the acquisition is stated as ~Rs. 2.88 crore.
- After conversion, the diluted and non-diluted holding are both 24.38%, with no warrants or convertible instruments left with the acquirer.
- Against shares in the nature of encumbrance, the disclosure shows Nil both before and after the acquisition.
What to keep in mind
- This is a change-in-shareholding disclosure: the promoter received shares on conversion of warrants already held, so the promoter group's fully diluted stake of 24.38% is unchanged from before the conversion.
- The percentage of total voting capital moved only marginally, from 24.47% to 24.38%, because the share base expanded along with the promoter's holding.
- The update also gives the net purchase value for the converted shares, which a reader can compare against the company's share capital figures.
24.38%Holding acquisition (% of total voting capital
Also from Emrock Corporation
Whole-time director acquires ~18.48 lakh shares, 6.43% of capital, via warrant conversion
4 Nov 2026
Promoter-MD acquires 17,93,712 shares, 6.24% of capital, via warrant conversion
4 Nov 2026
Board approved unaudited standalone and consolidated results for the quarter and half year ended 30th September 2026
4 Nov 2026
More numbers
- Equity shares acquired on conversion of warrants17,93,712
- Stake acquired as % of total paid-up capital6.24%
- Net purchase value of shares acquired1,97,30,832
- Shares held before acquisition (with PACs)5215972
- Holding before acquisition (% of total voting capital)24.47%
- Shares held after acquisition (with PACs)7009684
- Holding after acquisition (% of total voting capital)24.38%
- Paid-up equity share capital after acquisitionRs. 2,87,55,491
Source: BSE · 4 Nov 2026
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