Vaghani Techno-Build Diversifies into Hospitality with New LLP Formation

1 min read     Updated on 20 Nov 2025, 06:33 PM
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Reviewed by
Naman SScanX News Team
Overview

Vaghani Techno Build (BSE: 531676) has diversified into the hospitality sector by incorporating EMROCK SIGNATURE HOSPITALITY LLP. The company holds a 39% stake with an initial investment of ₹39,000 out of the total capital contribution of ₹100,000. The LLP will engage in various hospitality services including hotels, restaurants, event management, and health centers. This strategic move aims to expand Vaghani's revenue streams in the hospitality industry.

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*this image is generated using AI for illustrative purposes only.

Vaghani Techno Build , a company listed on the Bombay Stock Exchange (BSE: 531676), has announced its entry into the hospitality sector through the incorporation of a new Limited Liability Partnership (LLP). This strategic move marks a significant diversification for the company, expanding beyond its primary business line.

Key Details of the New Venture

  • LLP Name: EMROCK SIGNATURE HOSPITALITY LLP
  • Incorporation Date: November 20, 2025
  • Vaghani's Stake: 39% of total capital contribution
  • Initial Investment: ₹39,000.00

Business Scope

The newly formed LLP is set to engage in a wide range of hospitality services, including:

  • Hotels and resorts
  • Restaurants and cafes
  • Event management
  • Banquets and party plots
  • Vacation resorts and villas
  • Health and rejuvenation centers

Financial and Regulatory Aspects

Aspect Details
Total Capital Contribution ₹100,000.00
Vaghani's Contribution ₹39,000.00 (39%)
Transaction Nature Related Party (Arm's Length)
Regulatory Approvals Not Applicable
Industry Classification Restaurants without bars

Strategic Implications

This move into the hospitality sector represents a significant diversification for Vaghani Techno Build. By entering this new market, the company aims to expand its revenue streams and potentially capitalize on growth opportunities in the hospitality industry.

Management Commentary

While specific management comments were not provided, the company's decision to enter the hospitality sector suggests a strategic intent to broaden its business portfolio and explore new avenues for growth.

Market Response

As this is a recent development, the market's response to this strategic move remains to be seen. Investors and analysts will likely be watching closely to assess how this diversification may impact Vaghani Techno Build's overall business performance and growth prospects in the coming quarters.

Vaghani Techno Build's entry into the hospitality sector through EMROCK SIGNATURE HOSPITALITY LLP marks a notable shift in the company's business strategy. As the new venture unfolds, stakeholders will be keen to observe its potential impact on the company's financial performance and market position.

Historical Stock Returns for Vaghani Techno Build

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+2.00%+9.37%+46.19%+347.46%+443.37%+1,062.62%
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Vaghani Techno-Build Limited Rectifies Filing Error in Q2 FY2026 Financial Results

2 min read     Updated on 27 Oct 2025, 04:16 PM
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Reviewed by
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Overview

Vaghani Techno Build has refiled its Q2 FY2026 financial results due to an error in selecting the reporting type in the XBRL filing. The company mistakenly selected 'Half Yearly' instead of 'Quarterly' for the 'Reporting Type' option. No changes were made to the financial figures or content. The company reported total revenue of Rs 68.90 lakhs for the half year and Rs 29.80 lakhs for the quarter. Auditors noted a Rs 2,205.97 lakhs loan to a related party at 9% interest without a formal agreement. The company also allotted 2,35,35,491 convertible warrants at Rs 11 per warrant, receiving Rs 6,47,22,600.25 as upfront payment.

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*this image is generated using AI for illustrative purposes only.

Vaghani Techno Build has addressed a discrepancy in its financial results submission for the quarter and half-year ended September 30, 2025. The company has taken steps to correct an inadvertent error in the filing process, ensuring accurate representation of its financial performance.

Key Highlights

  • Vaghani Techno-Build Limited initially filed its Q2 FY2026 results on October 17, 2025
  • An error occurred in selecting the reporting type in the XBRL filing
  • The company is refiling the results with the correct reporting type selection
  • No changes have been made to the financial figures or content of the results

Filing Correction Details

The company clarified that while submitting the standalone financial results in XBRL mode on October 17, 2025, it mistakenly selected "Half Yearly" instead of "Quarterly" for the "Reporting Type" option. This error also led to the incorrect selection of "Half Yearly" for the "Reporting Quarter" field.

To rectify this issue, Vaghani Techno-Build is refiling the revised standalone financial results in XBRL mode with the correct selections for "Reporting Type" and "Reporting Quarter." The company has assured that there are no changes to the financial figures or content of the results, only the correction of the reporting type selection.

Financial Performance

The Board of Directors approved the unaudited standalone financial results in their meeting held on October 17, 2025. Here's a summary of the company's financial performance:

Particular Half Year (Rs in lakhs) Quarter (Rs in lakhs)
Total Revenue 68.90 29.80

Business Segments

Vaghani Techno-Build Limited operates in three business segments:

  1. Real Estate
  2. Solar
  3. Other Business

Auditor's Observations

The company's auditors have noted that Vaghani Techno-Build has provided a loan of Rs 2,205.97 lakhs to a related party at a 9% interest rate without a formal written agreement.

Warrant Allotment

In a significant development, the company has allotted 2,35,35,491 convertible warrants at Rs 11 per warrant. Vaghani Techno-Build has received Rs 6,47,22,600.25 as an upfront payment, representing 25% of the issue price.

Company's Response

Parth Tulsibhai Patel, Director & CFO of Vaghani Techno-Build Limited, stated, "We sincerely regret the inadvertent omission and assure you that necessary measures have been implemented to avoid such occurrences in the future."

The company has emphasized that the correction in filing does not affect the accuracy of the financial results and is purely a technical rectification in the submission process.

Investors and stakeholders are advised to consider this updated information when evaluating Vaghani Techno-Build Limited's Q2 FY2026 performance.

Historical Stock Returns for Vaghani Techno Build

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%+9.37%+46.19%+347.46%+443.37%+1,062.62%
Vaghani Techno Build
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