Emerald Leisures Promoter Pledges 25.50% Stake

Nikhil Vinod Mehta, a promoter of Emerald Leisures Limited, has created a pledge over 38,30,290 equity shares, representing 25.50% of the company's total share capital. This action complies with SEBI (SAST) Regulations, 2011. The promoter's total shareholding stands at 46,74,510 equity shares, or 31.12% of the total share capital. The pledge is against the allotment of Non-Convertible Debentures (NCDs) and has been made in favour of Beacon Trusteeship Limited, acting as the Debenture Trustee for Lighthouse Canton Alternatives Asset Manager Private Limited, the lender. This disclosure is a regulatory requirement under SEBI norms.