The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arjunkumar Jagdishbhai Patel
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Mr. Arjunkumar Jagdishbhai Patel, Whole Time Director and member of the promoter group of Emrock Corporation Ltd, acquired 12,75,000 equity shares (face value Rs. 10) on 15 December 2025 through conversion of warrants into equity shares, amounting to 8.06% of the total paid-up capital. The total consideration for the acquisition was Rs. 1.40 crore. After this conversion, the promoter's direct equity shareholding rose from 25.31% (27,39,031 shares) to 25.37% (40,14,031 shares) of the paid-up capital, while warrants/convertible holdings correspondingly declined from 41.43% to 20.28%. The company's total paid-up equity capital increased from Rs. 10.82 crore to Rs. 15.82 crore following this allotment.
This is a promoter group event where existing warrants were converted into equity shares, signalling the promoter's continued commitment and confidence in the company. For retail investors, it means more equity shares are now outstanding (dilution), but promoter control and intent remain intact, with no change in the promoter's total economic interest on a fully diluted basis (steady at 25.12%).