EMAMI LTD.-$

Emami Ltd has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Diwakar Finvest Pvt Ltd. The disclosure details various transactions related to the creation and release of pledged shares. Specifically, it outlines the pledging and release of shares with Bajaj Finance Limited and DBS Bank limited, impacting the promoter holding and encumbered share percentages. The filing is for informational and record purposes, disseminated to the stock exchanges and the target company.

Emami Limited held its 43rd Annual General Meeting (AGM) on August 25, 2026, via Video Conferencing. The meeting, which commenced at 4:00 PM IST and concluded at 6:25 PM IST, was attended by 134 members representing 58.64% of the paid-up equity share capital. Key directors and officials, including Chairman Shri R. S. Goenka, were present. The minutes of the AGM will be available on the company's website. The Chairman's speech highlighted the company's FY26 performance, resilience, brand expansion, and technology integration.

Emami Limited announced the re-appointment of Shri Harsha Vardhan Agarwal as Vice-Chairman & Managing Director for a further period of 5 years, effective April 1, 2027. This decision was approved by shareholders at the 43rd Annual General Meeting held on August 25, 2026. Agarwal, who has been with the company for over two decades, brings extensive experience in strategy, marketing, M&A, HR, and IT, and has been instrumental in the company's digital transformation and acquisitions. He is not debarred from holding directorship by any regulatory authority.

Emami Ltd's Chairman delivered a speech at the 43rd AGM on August 25, 2026, reflecting on FY26 performance. Despite headwinds like unseasonal summer impacting talc sales, GST transition disruptions, and West Asia conflict volatility, the company demonstrated resilience. Emami highlighted its diversified portfolio, digital capabilities, and strong operating systems as key strengths. The company serves over 7.1 crore households with more than 25 brands and a presence in over 70 countries. The speech also touched upon industry transformation, with consumers increasingly seeking wellness, efficacy, and premium products, aligning with Emami's strategic focus. Consolidated revenue for FY26 was broadly stable at ₹3,779 crore, with core domestic business growth driven by diversification.

Emami Limited conducted its 43rd Annual General Meeting (AGM) on August 25, 2026, via Video Conferencing. The meeting, which commenced at 4:00 PM and concluded at 6:25 PM IST, saw the adoption of standalone and consolidated audited financial statements for the fiscal year ended March 31, 2026. Key resolutions included the re-appointment of directors Shri Harsha Vardhan Agarwal, Shri Aditya Vardhan Agarwal, and Shri Prashant Goenka. The remuneration of Shri Harsha Vardhan Agarwal as Vice-Chairman & Managing Director was also ratified, and his re-appointment to the position was approved. Additionally, the remuneration of the Cost Auditors, M/s. V. K. Jain & Co., for the financial year 2026-27 was ratified. The meeting confirmed no qualifications in the auditors' reports and addressed member queries.

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.

Emami Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated results during a meeting held on August 4, 2026. The results, along with the Limited Review Report from statutory auditors S.R. Batliboi & Co. LLP, have been submitted to the stock exchanges and are also available on the company's website. The review covered the Holding Company and its subsidiaries and associates, with a note on component auditors for certain entities.

Emami's consolidated (primary basis) revenue rose 14.9% YoY to ₹1,039 Cr (+12.3% QoQ), but consolidated PAT fell 15.4% YoY to ₹138.9 Cr (-2.9% QoQ), missing our pre-result Street consensus (revenue ~₹1,055 Cr — roughly in line, -1.5%; EPS ~₹4.36 vs actual ₹3.15 — a clear miss). This is the first print to consolidate Axiom Ayurveda (from April 1) and IncNut Digital (60% stake, from June 1), so YoY comparisons are not fully like-for-like. The PAT decline is driven by two distinct effects. First, genuine operating margin compression: OPM fell to 21.8% from 23.7% YoY (though it expanded from 20.2% QoQ), and NPM fell to 13.1% from 17.7% YoY, on higher advertisement/promotion spend (₹203 Cr vs ₹180 Cr YoY) and employee costs (₹136 Cr vs ₹119 Cr YoY), alongside finance costs more than doubling YoY to ₹5.6 Cr on acquisition funding (₹100 Cr first tranche for Axiom's remaining 73.5% stake; ₹321 Cr for IncNut's 60% stake). Second, a tax-line swing: PBT before exceptional items actually rose 4.2% YoY to ₹194.7 Cr, but tax expense jumped to ₹55.8 Cr from ₹22.5 Cr as MAT credit accounting flipped from a ₹10.4 Cr benefit a year ago to a ₹13.5 Cr utilisation charge this quarter — a ~₹23.8 Cr negative swing that alone accounts for most of the increase in tax outgo. Stripping this MAT-line effect out, adjusted PAT is roughly flat YoY (-1.0%) rather than -15.4% reported, though the underlying operating-margin compression is real and independent of the tax effect. Management's prior (Q4 FY26) guidance flagged margin improvement via cost discipline and a 3% price hike, and double-digit summer-portfolio growth for FY27; this quarter's revenue growth is consistent with that confidence, but the YoY margin compression runs counter to the margin-improvement guidance — a miss on that specific commitment, at least for Q1. International business was guided to return to double-digit growth only from Q2 FY27, so its Q1 trajectory (not separately disclosed here) is not yet a test of that promise. Standalone (core Emami, ex-new subsidiaries) PAT was ₹182.2 Cr with EPS ₹4.17, and its PBT of ₹233.6 Cr grew against a stronger base — a cleaner read on the core business than the consolidated number, which is now diluted by two newly acquired, lower-margin/loss-making entities: IncNut's first stub period (June 1-30) contributed a ₹0.9 Cr net loss on ₹14.7 Cr revenue. No management press release commentary was available in the extracted materials to corroborate these drivers independently. Going into Q2 FY27, the two things to verify are whether the tax-line swing normalizes (this quarter's effective rate was 28.6% vs 12.1% a year ago) and whether international revenue delivers the double-digit growth management guided for from Q2 onward, alongside the first full quarter of IncNut/Axiom integration and their margin trajectory.

Emami Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by SEBI regulations. The report, available on the company's website, details its corporate identity, operations, and sustainability initiatives. Key information includes its CIN, incorporation year, registered and corporate addresses, and contact details for BRSR queries. The company's business activities primarily involve the marketing and manufacture of FMCG products, contributing 100% to turnover, with specific product categories like Ayurvedic/Unani preparations (85%) and cosmetics (11%) being significant revenue drivers. Emami operates across India with multiple manufacturing units and depots, serving a diverse customer base through an extensive distribution network. The report also provides employee and worker statistics, including data on differently-abled individuals. The BRSR was provided with reasonable assurance for core KPIs by SGS India Private Limited.

Emami Ltd has released its Integrated Annual Report for FY 2025-26 and announced the 43rd Annual General Meeting (AGM) to be held on Tuesday, August 25, 2026, at 4:00 P.M. IST via Video Conferencing. The AGM agenda includes the adoption of standalone and consolidated audited financial statements for FY 2025-26. Additionally, shareholders will consider the re-appointment of Directors Shri Harsha Vardhan Agarwal, Shri Aditya Vardhan Agarwal, and Shri Prashant Goenka. Special business items include approving an increase in remuneration for Shri Harsha Vardhan Agarwal, Vice-Chairman & Managing Director, from ₹30 Lacs to ₹34 Lacs, and his re-appointment for a five-year term. The report and AGM notice are available on the company's website.