Emrock Corp Ltd Approves 14.84 Lakh Convertible Warrants

Emrock Corporation Ltd announced the approval of issuing up to 14,84,000 convertible warrants to promoter and non-promoter groups. The warrants are convertible into equity shares at a price of ₹290 each, with a total issue size of approximately ₹43.44 Crores. This move was approved by the company's members in an Extra-Ordinary General Meeting (EGM) held on June 27, 2025. The EGM also approved an increase in authorized share capital from ₹10 Crores to ₹35 Crores. The warrants are to be converted within 18 months of allotment.