Emrock Corporation

Emrock Corporation converted 55,00,000 warrants into an equal number of equity shares at Rs11 each, receiving Rs4.54 crore as the Rs8.25 per warrant balance payment. The allotment comprised 13.2 lakh shares each to promoters Jatinkumar Tulsibhai Patel and Parth Tulsibhai Patel and 13.6 lakh shares to promoter Arjunkumar Jagdishbhai Patel, alongside 15 lakh shares across five non-promoter allottees, taking paid-up capital to Rs21.32 crore. The warrants were part of a 2,35,35,491-warrant preferential issue in May 2025 priced at Rs11, which had seen conversions of 56 lakh shares and 50 lakh shares in December 2025, and 74,35,491 warrants remained pending after this allotment. Revenue was Rs2.68 crore in the year to March, with solar assets of Rs14.37 crore and capital work-in-progress of Rs14.30 crore. The company held 25-year power purchase agreements with Uttar Gujarat Vij Co for 40MW of solar capacity, with 4MW already operational.

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Emrock Corporation received confirmation from Uttar Gujarat Vij Company Limited for power purchase agreements aggregating 12 MW across three 4 MW solar projects for 25 years under the Gujarat Renewable Energy Policy, 2023. The agreements provided for supply at a tariff of Rs2.76 per unit, with estimated minimum generation of about 77 lakh units per project implying annual revenue of about Rs212.52 lakh per project and aggregate annual revenue of about Rs637.56 lakh. Power generation was expected to commence on or before March 20, 2028 for one project and March 23, 2028 for the other two. The confirmation followed a 24 MW power purchase agreement with the same utility in May 2026 backed by a Rs104.52 crore module order, and took total confirmed supply commitments to 40 MW including one operational 4 MW plant and six plants under erection. The company reported total revenue of Rs2.68 crore in FY26, with solar assets of Rs14.37 crore and capital work in progress of Rs14.30 crore at the end of March.

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May 28 (Reuters) - Emrock Corporation Ltd EMRO.BO:

• EMROCK CORPORATION LTD - TO ISSUE SHARE WARRANTS AGGREGATING UP TO 434.2 MILLION RUPEES

Source text: ID:nBSEc9z5Lm

Further company coverage: EMRO.BO

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May 25 (Reuters) - Emrock Corporation Ltd EMRO.BO:

• EMROCK CORPORATION LTD - TO CONSIDER FUNDRAISING VIA EQUITY, BONDS, DEBENTURES, WARRANTS, OR PREFERENCE SHARES

Source text: ID:nBSE525kdS

Further company coverage: EMRO.BO

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July 23 (Reuters) - Vaghani Techno Build Ltd VAGH.BO:

• ENTERS AGREEMENT WITH UGVCL FOR 4 MW SOLAR POWER

• EXPECTED REVENUE OF 21.3 MILLION RUPEES ANNUALLY FROM SOLAR POWER

Source text: ID:nBSEbvc2j

Further company coverage: VAGH.BO

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Jan 20 (Reuters) - Vaghani Techno Build Ltd VAGH.BO:

• TO CONSIDER FUND RAISING VIA EQUITY AND DEBT SECURITIES

Source text: ID:nBSE139Y94

Further company coverage: VAGH.BO

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