Emkay Global Financial Services Limited has informed the Exchange regarding a press release dated September 22, 2025, titled "Emkay Global Welcomes Equity Investment by Industry Veteran Kirti Doshi".
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Emkay Global announced an equity investment by Kirti Doshi through Antique Securities Private Limited, acquiring over 21% stake in the company. Existing promoters Krishna Kumar Karwa and Prakash Kacholia also put in additional equity, taking the total capital infusion to ₹227.5 crores. Kirti Doshi brings 48 years of capital markets experience and will join the company's leadership. The funds will be used to strengthen the balance sheet and expand institutional equities, investment banking, wealth management, and asset management businesses.
This is a significant positive development — a marquee investor taking a 21% stake signals strong confidence in Emkay's growth prospects and adds experienced leadership. The capital infusion strengthens the balance sheet and could drive business expansion, which is positive for shareholders.