
AGM/EGM29 Jun 2026, 07:00 pm
Emrock Corp Increases Authorized Capital to ₹35 Cr, Approves Share Warrants
AI Summary
Emrock Corporation Ltd announced an increase in its authorized share capital from ₹10 crore to ₹35 crore, comprising 3.5 crore equity shares of ₹10 each. This was approved by the company's members at an Extra-ordinary General Meeting (EGM) held on June 27, 2025. Concurrently, the company also approved the issue of up to 14,84,000 share warrants, convertible into equity shares at ₹290 each, to promoter and non-promoter groups. The total value of the warrant issue is approximately ₹43.44 crore, with 25% payable on application and the remaining 75% upon conversion. The alteration of Clause V of the Memorandum of Association was also approved.
Key Highlights
- Authorized capital increased from ₹10 Cr to ₹35 Cr.
- Approved issuance of 14,84,000 share warrants.
- Warrants convertible at ₹290 each, total issue value ₹43.44 Cr.
- EGM approved capital increase and warrant issuance.
- Alteration of Memorandum of Association Clause V approved.
Price Impact
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