
Emami Realty Ltd Allots 82,00,000 Equity Shares on Conversion of Warrants
Emami Realty Ltd has allotted 82,00,000 equity shares to Suraj Finvest Private Limited and Diwakar Finvest Private Limited, both belonging to the Promoter Group, on conversion of warrants. The allotment was approved by the Finance Committee of the Board of Directors at its meeting held on 8th April, 2026. The equity shares, with a face value of ₹ 2/- each, were allotted at an issue price of ₹ 128.50/- per Equity Share, including a premium of ₹ 126.50/- per equity share. The allotment was made on conversion of existing Unsecured Loan to the extent of 75% of the Warrant Exercise Price of ₹ 128.50/-. The securities allotted on preferential basis are subject to lock-in restriction as prescribed under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The Paid-up Capital of the Company stands increased from ₹ 8,76,67,778/- to ₹ 10,40,67,778/- post allotment.
Key Highlights
- Emami Realty Ltd allots 82,00,000 equity shares on conversion of warrants.
- Allotment made to Suraj Finvest Private Limited and Diwakar Finvest Private Limited, both belonging to the Promoter Group.
- Equity shares allotted at an issue price of ₹ 128.50/- per Equity Share, including a premium of ₹ 126.50/- per equity share.
- Allotment made on conversion of existing Unsecured Loan to the extent of 75% of the Warrant Exercise Price of ₹ 128.50/-.
- Securities allotted on preferential basis are subject to lock-in restriction as prescribed under Chapter V of the SEBI ICDR Regulations, 2018.