The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
EMAMILTD · price
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Awaiting price reaction for this filing.
Emami Limited's promoter group has informed the stock exchanges of a proposed inter-se transfer of equity shares among various promoter and promoter group entities, scheduled on or after 20th June 2025. The transaction involves about 4.28 lakh shares (roughly 0.98% of share capital), executed partly as gifts (off-market, no consideration) and partly through open market purchases at the prevailing market price. The 60-day volume-weighted average market price (VWAMP) on NSE is Rs. 600.12 per share. Both transferors and transferees are existing promoter/promoter group members, so the aggregate promoter holding remains unchanged at 54.84% before and after the transaction. The filing qualifies for an exemption from making an open offer under Regulation 10(1)(a)(ii), which covers inter-se transfers among qualifying promoter entities that have been classified as promoters for at least three years.
This is a routine internal reshuffling within the Emami promoter family with no change in total promoter ownership, so there is no material impact on shareholders or the stock price. The disclosure simply signals that some promoter family members are gifting shares to others while a few small open market transfers are being made at market price.