Vaghani Techno Build Ltd

AGM Details

• Date, time, and mode: 29 Sept 2026, 3:00 PM IST, via VC/OAVM.
• Quorum present; proxies not applicable due to VC/OAVM.
• Attendance: 17 members attended.
• Chairman: Parth Tulsibhai Patel (Director & CFO) presided.

Resolutions Put to Vote

• Adopt audited standalone financial statements and reports; results to be declared within two working days.
• Re-appoint director retiring by rotation; results to be declared within two working days.
• Ratify Secretarial Auditor and fix remuneration; results to be declared within two working days.
• Appoint Secretarial Auditor for five years and fix remuneration; results to be declared within two working days.
• Approve Related Party Transactions; results to be declared within two working days.
• Note revised PCA Certificate for change of name; results to be declared within two working days.

Scrutiny & Governance

• Scrutinizer appointed for e-voting: Rekha Sejpal.

Emrock Corporation Limited (Formerly VAGHANI TECHNO - BUILD LIMITED) trading window closed from 1 October 2026 till the completion of 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial results for the second quarter ended 30 September 2026

Financial performance

• Total income for FY2025-26: 268.17 Lakhs.
• PAT: 121.02 Lakhs; improvement from prior year.
• Net profit margin: 45.13%.
• EPS (basic): Rs 0.77.
• Current ratio: 8.27x; gearing 0.29x.
• Debt/equity: 0.01x.

Strategic growth and business developments

• Open offer-driven ownership changes; acquisitions of Emrock Renewable Pvt Ltd (51%) and Emrock Energy Pvt Ltd (50.49%).
• Registered office shifted from Maharashtra to Gujarat; fresh certificate Oct 2025.
• Name changed to Emrock Corporation Limited; MOA amended for Infrastructure, Renewable Energy, Pharmaceuticals.
• New promoters and management restructuring underway post-open offer.
• Hospitality venture through Emrock Signature Hospitality LLP; 39% stake held.

Capital structure and shareholding

• Paid-up capital increased to ₹15.82 crore via warrant conversion.
• Promoter shareholding at 31 Mar 2026: 74.63%; public 25.37%.
• Promoters: Arjunkumar, Jatinkumar, Parth hold major stakes; new promoter group includes Meet Govind Vaghani.
• Authorized share capital raised to ₹35 crore.
• 1,29,35,491 warrants remain unconverted at year-end.

Governance and leadership

• Board size six; three independent directors.
• Independent directors Rohan Mansukh Shah and Bharat Laljee Shah resigned on 12 Aug 2025.
• Parth Tulsibhai Patel served as Chairman and CFO; later aligned with management realignment.
• Jatinkumar Tulsibhai Patel appointed Managing Director; attendance 13/13 meetings.
• Rekha Sejpal & Associates appointed as Secretarial Auditor for 2025-26; extended for 2026-31.

Related party transactions and governance

• Board seeks approval for material related party transactions (RPTs) per SEBI LODR.
• RPTs include VEER DEVELOPERS, UMA INFRACON, Emrock Signature Hospitality LLP.
• Inter-company loans and advances to related parties disclosed; related party votes restricted per policy.
• RPT framework ensures arm's-length and non-prejudicial terms for stakeholders.

Audit, controls and risk

• Statutory auditor: Purushottam Khandelwal & Co; internal auditor: Kunal S Shroff & Co.
• Secretarial auditor MR-3 engaged; no material audit qualifications reported.
• Internal financial controls deemed adequate and operating effectively.
• Minor compliance note: delay in XBRL voting results, Rs 11,800 SOP penalty paid.

Regulatory and other disclosures

• AGM: 32nd on 29 Sept 2026 via VC/OAVM; e-voting from 26-28 Sept 2026.
• Dividend for FY2025-26 not recommended; reserves unchanged.
• Capital markets disclosures and MOA/name-change compliance reported; ESG/CSR not applicable.

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.

Meeting Details

• Date: 12 August 2026; venue: 7th Floor, Anushri Accolade-2, Ahmedabad.

Key Agenda Items

• Consider and approve standalone unaudited financial results for quarter ended 30 June 2026, with auditor's report.
• Any other business with the Chair's permission.

Other Notes

• Trading window closed from 1 June 2026 till 48 hours after results declaration.