The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jatinkumar Patel
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Mr. Jatinkumar Tulsibhai Patel, Managing Director and Promoter of Emrock Corporation Ltd, acquired 13,86,000 equity shares (face value Rs. 10 each) on 11 December 2025, constituting 12.81% of the paid-up capital. The shares were received through conversion of warrants into equity shares (preferential allotment route), with a total consideration of Rs. 1,52,46,000 (about Rs. 1.52 crore). Following the acquisition, his direct voting rights stake rose from 24.38% to 24.57%, while his total holding including warrants remained at 64.78%. The company's total share capital also expanded from Rs. 5.22 crore to Rs. 10.82 crore as a result of this conversion.
This is a non-cash promoter stake increase via warrant conversion, signaling promoter confidence in the company's growth. It slightly strengthens the promoter's voting power, though the company remains firmly promoter-controlled with majority holding well above 50%.