Shareholding12 Aug 2026, 04:43 pm
Emami Ltd: Diwakar Finvest Pvt Ltd Discloses Share Pledge Releases
AI Summary
Emami Ltd has received disclosures under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Diwakar Finvest Pvt Ltd. The disclosure pertains to the release of pledged shares by Diwakar Finvest Private Limited and Suraj Finvest Private Limited. Diwakar Finvest Private Limited released 26,796,014 shares (6.14% of total share capital) and Suraj Finvest Private Limited released 8,471,992 shares (1.94% of total share capital). The releases were effective on August 5, 2026, as per agreements with lenders, Standard Chartered Capital Limited. The filing also details shareholding information for various promoters and PACs, indicating no new encumbrances.
Key Highlights
- Diwakar Finvest Pvt Ltd reported release of pledged shares.
- Suraj Finvest Pvt Ltd also reported release of pledged shares.
- The releases total over 35 million shares, reducing encumbrance.
- The disclosure is in line with SEBI Takeover Regulations.
- No new share encumbrances were reported by promoters.
Price Impact
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