The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 19, 2025 for Diwakar Finvest Pvt Ltd
EMAMILTD · price
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Diwakar Finvest Private Limited, part of Emami's promoter group, has released encumbered shares of Emami Limited under Regulation 31(2) of SEBI (SAST) Regulations, 2011. Diwakar Finvest holds 9.88 crore shares (22.63%) in Emami, of which 1.94 crore shares (4.43%) were previously pledged with Aditya Birla Capital Limited. As per the disclosure dated November 11, 2025, nearly the entire pledged holding — about 1.93 crore shares (4.43%) — has been released back to the promoter. Post-release, only 7,943 shares remain encumbered. The release was carried out in line with an agreement with the lender, reducing the overall pledge burden on the promoter group.
This is a positive development for shareholders as it meaningfully lowers the encumbered (pledged) portion of promoter holdings, reducing financial stress and forced-sale risk on promoter shares. It signals improved financial flexibility for the promoter group and is generally viewed favorably by the market.