Vaghani Techno Build Limited (now Emrock Corporation Limited) has witnessed significant corporate developments with Whole Time Director Arjunkumar Jagdishbhai Patel acquiring a substantial 8.06% stake through warrant conversion, followed by the filing of disclosure under SEBI regulations on December 16, 2025.

Major Warrant Conversion and Acquisition

Arjunkumar Jagdishbhai Patel, Whole Time Director of Emrock Corporation, acquired 12,75,000 equity shares of face value ₹10 each on December 15, 2025, through conversion of warrants into equity shares. This acquisition constitutes 8.06% of the total paid-up capital of the company and was executed through preferential allotment by conversion of warrants to equity shares.

Shareholding Pattern Changes

Following the warrant conversion, Arjunkumar Patel's shareholding structure in Emrock Corporation has undergone significant changes. The acquisition demonstrates substantial promoter commitment while maintaining compliance with regulatory requirements.

Enhanced Capital Structure

The warrant conversion has substantially expanded Emrock Corporation's equity base, with paid-up share capital increasing from ₹10.82 crores to ₹15.82 crores. The company's total diluted share capital now stands at ₹28.76 crores, reflecting the impact of outstanding convertible securities.

Regulatory Compliance and Disclosure

The substantial acquisition disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Arjunkumar Patel submitted the required documentation to BSE Limited on December 16, 2025, ensuring full compliance with takeover regulations. The disclosure confirms the promoter status of the acquirer and provides comprehensive details of the shareholding changes resulting from the warrant conversion exercise.

Vaghani Techno Build , a construction technology firm, has seen significant developments in its ownership structure and business expansion. The company's Promoter Director and CFO has increased his stake, while simultaneously, the firm has made a strategic move into the hospitality sector.

Promoter Increases Stake

Parth Tulsibhai Patel, the Promoter Director and CFO of Vaghani Techno Build, has strengthened his position in the company through a substantial share acquisition. The details of this transaction are as follows:

This move represents a significant increase in the promoter's stake, potentially indicating confidence in the company's future prospects.

Expansion into Hospitality Sector

In a separate but equally noteworthy development, Vaghani Techno Build has announced its entry into the hospitality business. The company has incorporated a new Limited Liability Partnership (LLP) named "EMROCK SIGNATURE HOSPITALITY LLP". Key points of this expansion include:

The new LLP aims to establish and manage various hospitality ventures, including hotels, resorts, restaurants, and event management services. This diversification could potentially open new revenue streams for Vaghani Techno Build.

Implications and Outlook

These developments suggest a two-pronged strategy by Vaghani Techno Build:

1. Strengthening core ownership through increased promoter stake
2. Diversifying business operations by entering the hospitality sector

While the increased promoter stake may be seen as a vote of confidence in the company's future, the expansion into hospitality represents a significant departure from the firm's core construction technology business. Investors and market watchers will likely be keen to observe how this diversification strategy unfolds and impacts the company's overall performance in the coming quarters.