EGM approves capital expansion and 14.84 lakh share warrants
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Emrock Corporation held its 1st EGM of FY26-27 on 27 June 2026 via video conferencing. Two resolutions were passed: (1) ordinary resolution to increase authorised share capital and alter the Capital Clause of the Memorandum of Association, and (2) special resolution to issue up to 14.84 lakh share warrants convertible into one equity share each within 18 months to identified promoters and non-promoters. Both resolutions passed with 99.9997 percent votes in favour. Total 1.41 crore votes polled out of 1.58 crore outstanding shares.
Positive for fundraising plans. Warrant conversion could lead to up to about 9.4 percent equity dilution over the next 18 months.