The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 15, 2025 for Diwakar Finvest Pvt Ltd
EMAMILTD · price
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Diwakar Finvest Pvt Ltd, part of the promoter group of Emami Limited, has created a new pledge of 12,00,000 shares (0.27% of total share capital) with Bajaj Finance Limited on December 10, 2025. The promoter entity holds 9,87,94,786 shares (22.63%) in Emami, of which 2,06,48,014 shares (4.73%) are now encumbered post this pledge creation, up from 1,94,48,014 shares (4.46%) earlier. The pledge was made as per an agreement with the lender. Other promoter group entities including Suraj Finvest (24.20% holding, 1.23% already encumbered) showed no new changes in this filing.
This is a routine pledge creation by a promoter group entity to raise financing, pledging a small additional stake of 0.27% with Bajaj Finance. While it slightly increases the pledged portion of promoter's holding, the quantum is small and unlikely to materially affect shareholder concerns, though investors should track cumulative promoter pledges for any signs of financial stress.