Announcement • May 29
Emrock Corporation Limited announced that it expects to receive INR 108.605 million in funding
Emrock Corporation Limited announced private placement to issue 1,498,000 convertible warrants at an issue price of INR 72.5 for gross proceeds of INR 108,605,000 on May 28, 2026. The transaction includes participation from Patel Jyotsanaben Tulsibhai for 330,000 warrants at post issue shareholding of 1.09% ,Patel Varsha Jagdish for 170,000 warrants at post issue shareholding of 0.56%, Bharatkumar Mansinhabhai Chaudhari for 165,000 warrants at post issue shareholding of 0.68%, Khambhatiya Shivani Jaykumar for 10,000 warrants at post issue shareholding of 0.033%, Khambhatiya Jaykumar Sanjaykumar for 10,000 warrantsat post issue shareholding of 0.033%, Sanjay Popatlal Khambhatiya for 10,000 warrants at post issue shareholding of 0.033%, Sukhadiya Rajesh Popatlal Sukhadiya Sonalben R for 10,000 warrants at post issue shareholding of 0.033%, Kanji Desai for 12,500 warrants at post issue shareholding of 0.041%, Gitaben Kanjibhai Desai for 12,500 warrants at post issue shareholding of 0.041%, Yadav Krishnakant Dineshbhai for 6,000 warrants at pre issue shareholding of 0.002% post issue shareholding of 0.020%, Patel Arunaben Chandrakant for 12,500 warrants at post issue shareholding of 0.041%, Patel Chandrakant Babubhai for 12,500 warrants at pre issue shareholding of 0.019% at post issue shareholding of 0.051%, Modi Prafulla Subhashchandra 7,500 warrants at post-issue shareholding of 0.041%, Patel Rushi for 14,000 warrants at post-issue shareholding of 0.046%, Lattaben Patel for 14,000 warrants at pre issue shareholding of 0.051%, at post-issue shareholding of 0.046%, Patel Kapilaben Shakarchand for 5,000 warrants at post-issue shareholding of 0.016%, Poriya Akash Dhirubhai for 11,500 warrants at pre issue shareholding of 0.00002%, at post-issue shareholding of 0.046%, Patel Bijalben for 2,500 warrants at post-issue shareholding of 0.0082%, Ankur Deepakbhai Patel for 10,000 warrants at post-issue shareholding of 0.033% Nirav Jayantibhai Patel for 10,000 warrants at post-issue shareholding of 0.033% Mitesh Jayantibhai Patel for 10,000 warrants at post-issue shareholding of 0.033% Gopi Tejas Patel for 50,000 warrants at post-issue shareholding of 0.16%, Tejas Natwarlal Patel for 50,000 warrants at post-issue shareholding of 0.16%, Dineshbhai Chimanbhai Patel for 40,000 warrants at pre issue shareholding of 0.003%, post-issue shareholding of 0.14%, Patel Sonal Dineshbhai for 40,000 warrants, Narayanbhai Keshavlal Patel for 2,00,000 warrants at post-issue shareholding of 0.72%, Patel Bhaumik Dineshbhai for 40,000 warrants at post-issue shareholding of 0.13%, Kamlesh Bholabhai Patel for 25,000 warrants at pre issue shareholding of 0.003% at post-issue shareholding of 0.084%, Patel Komal Divyang for 37,500 warrants at post-issue shareholding of 0.12%, Hemaniben Bhavik Patel for 5,000 warrants at post-issue shareholding of 0.016%, Patel Vasudevbhai Jivanbhai for 10,000 warrants at pre issue shareholding of 0.042% post-issue shareholding of 0.055%, Patel Smitaben Vasudevbhai for 10,000 warrants at pre issue shareholding of 0.007%, at post-issue shareholding of 0.036%, Lalit Babubhai Patel for 25,000 warrants at post-issue shareholding of 0.082%, Vasantiben Mahendrabhai Patel for 25,000 warrants at post-issue shareholding of 0.082%, Thakor Natwarji S for 25,000 warrants at post-issue shareholding of 0.016%, Somiben Natwarji Thakor for 5,000 warrants at pre issue shareholding of 0.003% at post-issue shareholding of 0. 017%, Dahyalal Girdharlal Modi for 12,500 warrants at post-issue shareholding of 0.041%, Vasumatiben Dayalal Modi for 12,500 warrants at post-issue shareholding of 0.041% Upendrakumar Patel for 50,000 warrants at post-issue shareholding of 0.16%. Post-preferential Issue is stated presuming full conversion of warrants. The Warrants, convertible into, or exchangeable for, one fully paid-up equity share of the Company of face value of INR 10 and each of the warrant is exercisable into 1 Equity share at an exercise price of INR 217.5. The tenure of the warrant is 18 months from the date of their allotment. The warrants shall be convertible in one or more tranches. The Equity Shares/ Warrants/ Resulting Equity Shares shall be subject to ‘lock-in’ as prescribed under the applicable provisions of the SEBI ICDR Regulations. The transaction is approved by board of directors of the company and is subject to approval of shareholders at the ensuing Extraordinary General Meeting (EGM) to be held on June 27, 2026, and other regulatory authorities, as may be applicable. The company will issue warrants on preferential basis.
