Mr. Bharat Shah and Mr. Rohan Shah have resigned from the board of the company with effect from 12.08.2025 and the board at there meeting held on today noted the same.
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Vaghani Techno-Build Limited (to be renamed Emrock Corporation Limited) announced several board-level changes at its meeting on August 12, 2025. Two Non-Executive Independent Directors — Mr. Rohan Mansukh Shah (DIN: 07490755) and Mr. Bharat Laljee Shah (DIN: 06432795) — resigned with immediate effect, both citing personal commitments and pre-occupation as the reason. No material reasons beyond personal ones were flagged. The board also approved Q1 FY26 standalone results, showing total income of Rs. 19.29 lakhs (up from Rs. 4.31 lakhs in Q1 FY25) and profit before tax of Rs. 9.57 lakhs (vs Rs. 0.64 lakhs earlier). Additionally, the company approved a name change to 'Emrock Corporation Limited', appointed a new secretarial auditor for five years (FY 2025-26 to FY 2029-30), and appointed an internal auditor for FY 2024-25.
Simultaneous departure of both independent directors raises some governance questions, though reasons cited are personal. Investors should note the company name change to Emrock Corporation Limited and the significant jump in quarterly revenue, though absolute figures remain very small.