Emrock Corporation531676Promoter stake buy
Promoter-MD acquires 17,93,712 shares, 6.24% of capital, via warrant conversion
Emrock Corporation's Managing Director Jatinkumar Tulsibhai Patel acquired 17,93,712 equity shares of Rs.10 each on 3 November 2026, through conversion of warrants into equity shares.
By ScoutQuest · · 1 min read
24.38%−0.09 pp
Before24.47%After24.38%
- Shares Acquired
- 17,93,712 equity shares of Rs.10 each on 3 November 2026
- Stake as % of Paid-up Capital
- 6.24% of the total paid-up capital
- Net Purchase Value
- Rs. 1,97,30,832
What was disclosed
- Jatinkumar Tulsibhai Patel, Managing Director of Emrock Corporation Ltd (formerly Vaghani Techno-build Ltd), acquired 17,93,712 equity shares of face value Rs.10 each on 3 November 2026.
- The shares came from conversion of warrants into equity shares, and the acquirer is classified as promoter/promoter group.
- The acquisition equals 6.24% of the total paid-up capital of the company.
Holding before and after
- Before the acquisition, the acquirer along with persons acting in concert held 52,15,972 shares carrying voting rights, or 24.47%.
- After the acquisition, the holding is 70,09,684 shares, or 24.38%.
- Even though 6.24% of the capital was acquired, the percentage stake moved only slightly, because the total number of shares in the company increased with this allotment.
Money involved
- The stated net purchase value is Rs. 1,97,30,832 for 17,93,712 shares, which works out to about Rs. 11 per share.
What it means for a retail investor
- This is a promoter shareholding change reported under the takeover rules, not an open-market purchase by an outsider.
- The shares were issued to the promoter against warrants, so the promoter's absolute holding rose while the percentage stayed close to where it was, since the shareholder base expanded at the same time.
- The promoter group continues to hold a little under one-fourth of the voting capital, so this event on its own does not change who controls the company.
- The disclosure also records the paid-up equity share capital before the acquisition at Rs. 21.32 crore divided into ~2.13 crore equity shares of Rs.10 each, and after the acquisition at ~Rs. 2.88 crore divided into 28,75,54,910 equity shares of Rs.10 each.
24.38%Holding with PACs the acquisition
Also from Emrock Corporation
Whole-time director acquires ~18.48 lakh shares, 6.43% of capital, via warrant conversion
4 Nov 2026
Promoter director acquires 17,93,712 shares (6.24%) 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 by the Managing Director17,93,712
- Stake acquired as % of total paid-up capital6.24%
- Shares held with PACs before the acquisition52,15,972
- Holding with PACs before the acquisition24.47%
- Shares held with PACs after the acquisition70,09,684
- Holding with PACs after the acquisition24.38%
- Net purchase value of shares acquired1,97,30,832
- Equity share capital before the acquisitionRs. 21,32,00,000
Source: BSE · 4 Nov 2026
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