The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jatinkumar Tulsibhai Patel
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Mr. Jatinkumar Tulsibhai Patel, Managing Director and Promoter of Emrock Corporation Ltd, has acquired 12,37,500 equity shares (face value Rs. 10) on 15 December 2025. The acquisition was made through the conversion of warrants into equity shares via preferential allotment, valued at approximately Rs. 1.36 crore. This acquisition constitutes 7.82% of the total paid-up capital of the company. Following this, the promoter's direct equity holding has risen from 24.57% (26,58,472 shares) to 24.63% (38,95,972 shares) of the paid-up capital. The company's total equity share capital has increased from Rs. 10.82 crore to Rs. 15.82 crore as a result of the warrant conversion.
This is a promoter-driven acquisition via warrant conversion rather than an open-market purchase, so it is unlikely to cause immediate share price movement. It reinforces the promoter's commitment and increases his direct equity stake, which is generally viewed positively by retail investors as a sign of insider confidence.