StockWatch
·
Hotels & Resorts
Shareholding20 Aug 2026, 03:17 pm

Emerald Leisures Promoter Pledges 25.5% Shares

AI Summary

Jaydeep Vinod Mehta, a promoter of Emerald Leisures Limited, has created a pledge over 38,30,323 equity shares, representing 25.50% of the company's total share capital. This action is in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Mr. Mehta's total shareholding in the company stands at 46,74,566 equity shares, which is 31.13% of the total share capital. The pledge has been created as security for Secured Unlisted Non-Convertible Debentures issued by the company, in favor of the Debenture Trustee for the benefit of Debenture Holders. The disclosure was made on August 20, 2026, with the creation date of the pledge being August 18, 2026.

Key Highlights

  • Promoter Jaydeep Vinod Mehta pledged 38,30,323 shares (25.50% of total capital).
  • Total promoter holding is 46,74,566 shares (31.13% of total capital).
  • Pledge created as security for company's Non-Convertible Debentures.
  • Disclosure made under SEBI (SAST) Regulations, 2011.
  • Pledge created on August 18, 2026.