SUBMISSION OF NOTICE OF 1ST EGM FOR F.Y 2026-27 WILL BE HELD ON 27TH JUNE 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Emrock Corporation Ltd has convened its 1st EGM on 27th June 2026 via video conferencing to seek shareholder approval for two key proposals. First, the company proposes to increase its authorised share capital from Rs. 30 crore to Rs. 35 crore by adding 50 lakh new equity shares of Rs. 10 each. Second, and more significantly, the company plans to issue up to 14,98,000 share warrants at Rs. 290 per warrant (including Rs. 280 premium), aggregating Rs. 43.44 crore. Each warrant is convertible into one equity share within 18 months. The warrant allottees include promoter group members (5 lakh warrants) and 36 non-promoter allottees (9.98 lakh warrants). Remote e-voting runs from 24th to 26th June 2026.
This preferential warrant issue will dilute existing shareholders as up to 14.98 lakh new shares may be issued, representing potential 50% expansion of current capital. The Rs. 43.44 crore fund infusion could support company growth but the large warrant issuance to specific allottees significantly impacts shareholding structure.