The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 12, 2025 for Diwakar Finvest Pvt Ltd
EMAMILTD · price
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Awaiting price reaction for this filing.
Diwakar Finvest Pvt Ltd, part of Emami's promoter group, has disclosed a release of pledged shares under SEBI SAST Regulation 31(2). Diwakar Finvest released 100,000 shares (0.02% of share capital) that were pledged with Indusind Bank, bringing its encumbered holding from 4.09% to 4.07%. Suraj Finvest Pvt Ltd, another promoter entity, released 200,000 shares (0.05%), reducing its encumbered holding from 1.27% to 1.23%. The releases were carried out as per an agreement with the lender (Indusind Bank) on September 10, 2025. Total promoter shareholding in the company remains unchanged; only the pledged portion has come down marginally.
Minor positive signal for shareholders — a reduction in pledged promoter shares indicates easing of promoter leverage and lower risk of forced selling. The quantum released is very small (0.07% combined), so material impact on the stock is unlikely.