Emrock Corporation Limited conducted a separate meeting of its independent directors on March 26, 2026, to undertake comprehensive performance reviews and governance assessments. The meeting was held at the company's registered office in Ahmedabad, Gujarat.

Meeting Details and Venue

The independent directors convened at the company's 7th Floor office located at 715, Anushri Accolade-2, Near Ugati Lakeview, Science City Road, Sola, Ahmedabad-380060, Gujarat. The meeting was conducted from 01:30 P.M. to 02:00 P.M. (IST), spanning a duration of 30 minutes.

Key Agenda Items Reviewed

The independent directors addressed three critical governance areas during their separate meeting:

Governance and Compliance Focus

The meeting specifically assessed the effectiveness of information flow between company management and the board of directors. This evaluation ensures that board members receive necessary information to perform their duties effectively and reasonably. The independent directors examined both the quality and timeliness of communications from management.

The performance review encompassed an evaluation of non-independent directors' contributions and the overall functioning of the board as a collective unit. Additionally, the directors conducted a separate assessment of the chairperson's leadership performance.

Corporate Communication

The outcome of this meeting was formally communicated to the Bombay Stock Exchange Limited through the Corporate Relationship Department. The notification was signed by Parth Tulsibhai Patel, Director and CFO, who holds DIN 07289967. The company, formerly known as Vaghani Techno Build Limited, operates under CIN L41001GJ1994PLC168513.

Emrock Corporation Limited has announced a major hospitality infrastructure project through its subsidiary EMROCK SIGNATURE HOSPITALITY LLP, marking a strategic expansion into the hospitality sector. The company holds a 39% stake in the Limited Liability Partnership (LLPIN-ACS-8026) that will undertake this ambitious development.

Project Details and Location

The subsidiary has secured a 14-year lease deed for developing a comprehensive hospitality project on a strategically located property. The development site spans approximately 9,652 square meters and is situated behind Club Babylon, Science City, Sola, Ahmedabad – 380060.

Facility Specifications

The proposed hospitality project will create multiple facilities designed to cater to various event and dining requirements:

Financial Investment and Timeline

The total initial estimated cost for the project is expected to range between ₹12 crores to ₹15 crores. This substantial investment reflects the company's commitment to establishing a significant presence in the hospitality infrastructure segment.

Strategic Initiative

This investment represents part of Emrock Corporation's strategic initiative to participate in hospitality infrastructure development and explore growth opportunities in this expanding segment. The project completion is subject to receipt of necessary approvals and completion of construction activities.

The company has indicated that further details will be disclosed as required under applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and compliance with regulatory requirements.