The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 26, 2025 for Diwakar Finvest Pvt Ltd
EMAMILTD · price
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Diwakar Finvest Private Limited, a promoter group entity of Emami Limited, has reported the creation of two fresh share pledges in favour of Bajaj Finance Limited during September 2025. On September 22, 2025, it pledged 300,000 shares (0.07% of share capital), raising its encumbered holding from 4.07% to 4.13%. On September 26, 2025, a further 480,000 shares (0.11%) were pledged, taking total encumbered shares to 18,528,317, or 4.24% of Emami's total share capital. Diwakar Finvest itself holds 98,794,786 shares (22.63% of Emami), so roughly 18.75% of its own holding is now pledged. The disclosure also lists the complete promoter and persons-acting-in-concert group holdings for transparency, with no other encumbrance events.
The pledged portion remains modest at 4.24% of total share capital, so there is limited immediate concern for shareholders. Investors should monitor further pledges or any invocation, as rising encumbrance on promoter holdings can be an early warning of financial stress.