Ems Limited has informed the Exchange regarding 'In compliance with Regulation 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 and relevant SEBI Circular, Mr. Ramveer Singh, promoter of the company has disclosed the details regarding Release of Pledged Shares'.
EMSLIMITED · price
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EMS Limited has informed exchanges that promoter Mr. Ramveer Singh has released 10,80,000 pledged shares (about 1.94% of total share capital) held with Cholamandalam Investment and Finance Company Limited. The release was done on March 17, 2026, after fully repaying a loan of Rs 10.00 crores taken from the lender. After this release, the promoter's encumbered (pledged) shares stand reduced from 1,34,89,100 (24.29%) to 1,24,09,100 (22.35%) of total share capital. Mr. Ramveer Singh continues to hold 3,76,75,882 shares, representing 67.85% of the company.
This is a positive signal for shareholders — the promoter has fully repaid the pledged loan, reducing the risk of forced sale of shares. Lower pledged holdings also reduce concerns about promoter financial stress and potential overhang on the stock.