
Shareholding1 Sept 2026, 10:25 am
Emerald Leisures Promoter Pledges 25.50% Shares
AI Summary
Jaydeep Vinod Mehta, 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 pledge is part of a revised disclosure under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The shares are pledged as security against the allotment of Non-Convertible Debentures (NCDs). Mr. Mehta's total shareholding in the company stands at 46,74,566 equity shares, or 31.13% of the total share capital. The pledge was created on August 18, 2026, in favour of Beacon Trusteeship Limited, acting as Debenture Trustee for Lighthouse Canton Alternatives Asset Manager Private Limited, the lender.
Key Highlights
- Promoter Jaydeep Vinod Mehta pledged 25.50% of Emerald Leisures' share capital.
- 38,30,323 shares are now encumbered as security for NCDs.
- Total promoter holding remains at 31.13% post-pledge.
- Pledge created in favour of Beacon Trusteeship Limited.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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