The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 06, 2025 for Diwakar Finvest Pvt Ltd
EMAMILTD · price
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Diwakar Finvest Private Limited, part of Emami's promoter group, has created a fresh pledge of 6,00,000 shares (0.14% of total share capital) in favour of Bajaj Finance Limited on June 3, 2025, as per a lending agreement. Diwakar Finvest currently holds 9,86,67,956 shares (22.60%) in Emami, of which 2,54,21,317 shares (5.82%) were already encumbered. After this new pledge, the total encumbered holding rises to 2,60,21,317 shares, or 5.96% of Emami's share capital. The rest of the promoter group entities listed in the disclosure show no fresh encumbrance activity. The filing is a routine regulatory disclosure under SEBI takeover regulations.
This is a small pledge creation (0.14% of capital) by one promoter entity, likely for routine borrowing purposes. It does not signal any change in ownership or control, and the encumbered portion remains modest at under 6% of Emami's total share capital.