The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 13, 2026 for Diwakar Finvest Pvt Ltd
EMAMILTD · price
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Diwakar Finvest Pvt Ltd, a promoter group entity of Emami Ltd holding 22.63% of total share capital, has created fresh pledges on 26.50 lakh shares (0.60% of capital) in favour of Bajaj Finance Limited in two tranches on March 10 and March 12, 2026. After this, Diwakar Finvest's total encumbered shares stand at 2.57 crore shares, or 5.90% of Emami's share capital. Another promoter group entity, Suraj Finvest Pvt Ltd (24.20% holding), also created pledges on 11 lakh shares (0.25%) with Bajaj Finance Limited, taking its encumbered holding to 1.54% of capital. All other promoter group members listed (including the Goenka and Sureka family members) show no new pledge, release, or invocation activity. The pledges have been described as 'Pledge of Shares as per agreement with lender', indicating standard promoter borrowing against shareholdings rather than any change in beneficial ownership.
These are routine promoter financing pledges and do not signal a change in ownership or control of Emami. Investors should keep an eye on the aggregate pledged percentage across the promoter group as an indicator of financial leverage, but the current levels remain moderate and are not a cause for immediate concern.