Vaghani Techno Build Ltd

Cessation details

• Resigned as Whole-time Director effective 12 Aug 2026; remains Director, CFO, and Chairman; due to management restructuring.

Standalone results

• Unaudited standalone quarterly results approved for quarter ended 30 June 2026, with Limited Review Report.

Consolidated results

• Unaudited consolidated quarterly results approved for quarter ended 30 June 2026, with Limited Review Report.

Corporate name

• Company name updated to Emrock Corporation Limited, formerly Vaghani Techno Build Limited.

Financial results approved

• Unaudited standalone results for quarter ended 30 June 2026 approved, with Limited Review Report from Statutory Auditors.

Target overview

• Name: EMROCK RENEWABLE PRIVATE LIMITED, India-based solar energy manufacturing and trading entity.
• Incorporated on 10 August 2026; turnover for 2025-26 not applicable.
• Authorized share capital Rs 1,00,000; paid-up capital Rs 1,00,000.
• Promoted by Emrock Corporation Limited; related party transaction due to promoter ownership.
• Industry: renewable energy manufacturing and trading; PV cells/modules; energy storage.
• Objects include manufacturing and trading of solar PV products and BESS; R&D.
• Presence: India, with registered address in Ahmedabad, Gujarat.

Transaction details

• Acquirer subscribed to 51% equity; Emrock Corp becomes 51% holder.
• Initial subscription amount Rs 51,000 for 5,100 equity shares of Rs 10 each.
• Consideration: cash subscription.
• Regulatory approvals: not applicable.
• Indicative completion timeline: not specified.
• Strategic rationale: establish and operate solar energy manufacturing and related activities.
• Background: incorporated 10 Aug 2026; turnover Nil for 2025-26.

Dematerialisation processing and listing

• The RTA processed all dematerialisation requests within the permitted time limit.
• The dematerialised securities have been listed on the relevant stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled, with the depository substituted as owner.

NCS status for quarter ended

• No non-convertible shares, NCDs, bonds, or other non-convertible securities were issued during the quarter ended 30 June 2026.
• There were no payments due on non-convertible securities during the quarter.
• There were no unpaid obligations on non-convertible securities at quarter-end.

SDD compliance highlights

• Structured Digital Database in place with access controls.
• UPS I disseminated in the prior quarter captured with date and time.
• Audit trails maintained; database internal, non-tamperable, eight-year retention.
• No non-compliance observed in the prior quarter.
• Compliance Officer: Kirti Prakash Ludhrani, Company Secretary & Compliance Officer, Membership No. A71343.

Emrock Corporation Limited — Trading Window closed from 1 July 2026 until the completion of 48 hours after the declaration of Unaudited Standalone Financial results for the first quarter ended 30th June, 2026.

Capital increase

• Authorised share capital increased from Rs 10 crore to Rs 35 crore (3.5 crore shares).

Warrant issue details

• Issue of up to 14,84,000 convertible warrants on a preferential basis.
• Warrants convertible into equal number of equity shares within 18 months.
• Warrant price Rs 290 per warrant, including Rs 280 premium.
• Aggregate value Rs 10,86,05,000; 25% upfront, 75% on allotment.
• Investors comprise promoter group and 39 non-promoter investors.
• Tenure: 18 months from allotment; convertible in one or more tranches.
• Face value Rs 10 per share; conversion on exercise.

Approvals and governance

• EGM approved increase in authorised capital and warrant issue.
• Warrants and resulting shares to be subject to lock-in under ICDR Regulations.