Emrock Corporation: EGM approves capital hike and 14.84 lakh warrants to promoters
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Emrock Corporation's 1st EGM of FY26-27 held on 27 June 2026 approved two resolutions. The first (ordinary) increases authorised share capital and alters Capital Clause V of the MoA. The second (special) approves issue of up to 14,84,000 share warrants, convertible into equity shares within 18 months, to identified promoters and/or non-promoters. Polling reached 89.7% of outstanding shares, with 99.9997% voting in favour of both resolutions. Promoters are interested in the warrant issue.
Warrant issue to promoters signals a potential capital raise that could dilute public shareholders if converted. Higher authorised capital gives room for further fundraising.