Announced Tue, 30 Jun · 10:19 IST
Suraj Finvest releases pledged Emami shares worth 2.43% of capital
EMAMILTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹406.45
prior close
₹401.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.1+0.0+0.1+2.0+2.5+3.0+2.4+2.3+2.3-1.3———
Up moveDown movePending
AI summary
Suraj Finvest Pvt Ltd, a promoter entity of Emami Ltd, released 1.06 crore pledged shares (2.43% of share capital) on 22 June 2026 as per an agreement with the lender. Suraj Finvest holds 10.56 crore shares (24.20%) in Emami. After the release, only 1.6 lakh shares (0.04%) remain encumbered with DCB Bank. No other promoter group entities reported any encumbrance changes.
Likely market impact
Positive - pledge release lowers encumbrance on promoter shares, indicating debt repayment or improved financial flexibility.