StockWatch
·
Packaged Foods
Shareholding2 Nov 2026, 03:09 pm

Emrock Corp: MD Acquires 6.19% Stake via Warrant Conversion

AI Summary

Jatinkumar Tulsibhai Patel, Managing Director of Emrock Corporation Limited, has acquired 13,20,000 equity shares, representing 6.19% of the total paid-up capital. This acquisition was executed through the conversion of warrants into equity shares on October 30, 2026, for a total consideration of ₹1,45,20,000. Following this transaction, Mr. Patel's total shareholding, along with Persons Acting in Concert (PACs), has increased to 24.47% of the company's voting rights. The filing is made in compliance with Regulation 29(1) of SEBI (SAST) Regulations, 2011.

Key Highlights

  • MD acquired 13.20 lakh shares, increasing stake by 6.19%.
  • Acquisition completed via conversion of warrants into equity shares.
  • Total consideration for the acquisition was ₹1.45 Crore.
  • Post-acquisition, promoter group holding stands at 24.47%.
  • Disclosure made under SEBI (SAST) Regulations, 2011.