StockWatch
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Personal Care
Shareholding11 Jul 2026, 11:00 am

Emami Ltd: Diwakar Finvest Discloses Share Release Under SEBI Takeover Code

AI Summary

Emami Ltd has received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Diwakar Finvest Pvt Ltd. The disclosure pertains to the release of shares by Diwakar Finvest Pvt Ltd on July 10, 2026, as per an agreement with a lender. This action involves the release of 2,70,39,014 shares, representing 6.19% of the total share capital, from an encumbrance. The filing details the pre- and post-event shareholding and the reasons for the release. The target company is Emami Limited, and the shares are listed on BSE Ltd and National Stock Exchange of India Limited.

Key Highlights

  • Diwakar Finvest Pvt Ltd reported share release under SEBI Takeover Regulations.
  • Approximately 2.70 crore shares (6.19% stake) were released from encumbrance.
  • The release was executed as per an agreement with a lender.
  • The disclosure impacts promoter holdings in Emami Ltd.
  • The event occurred on July 10, 2026.