StockWatch
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Packaged Foods
AGM/EGM15 Jun 2026, 05:10 pm

Emrock Corp Issues Corrigendum to EGM Notice

AI Summary

Emrock Corporation Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice dated May 28, 2026. The EGM, scheduled for June 27, 2026, will discuss the issuance of up to 14,84,000 share warrants convertible into equity shares. A key amendment removes 'LATTABEN PATEL' as a proposed allottee, and Resolution No. 2 has been updated to reflect this change. The warrants are proposed to be issued to identified promoters and non-promoters at a price of ₹290 each, aggregating up to ₹43,03,60,000. A portion of the warrant issue price (25%) is to be paid upfront.

Key Highlights

  • Corrigendum issued for EGM notice dated May 28, 2026.
  • EGM to consider issuance of 14,84,000 share warrants.
  • Proposed allottee 'LATTABEN PATEL' removed from Resolution 2.
  • Warrants to be issued to promoters/non-promoters at ₹290 each.
  • Total issue size for warrants is ₹43,03,60,000.