The promoter group of Emami Limited, including Diwakar Finvest Private Limited, has restructured its share encumbrances. A series of releases and pledges occurred in October 2025, involving Bajaj Finance Limited and HSBC InvestDirect. These transactions adjust the level of encumbrance on promoter holdings, reflecting ongoing financial arrangements. The total pledged shares now stand at 4.35% of the total share capital.
Promoter Share Encumbrance Changes
Diwakar Finvest Private Limited, part of the promoter group of Emami Limited, has engaged in several transactions involving the release and pledging of shares. These activities occurred during October 2025, impacting the overall level of encumbrance on the promoter’s holdings.
Details of Share Release
On October 16, 2025, Diwakar Finvest released 17,360 shares. This release reduced the encumbrance percentage to 4.25% of the total share capital. The release was part of an agreement with Bajaj Finance Limited.
Details of Share Pledges
Subsequent to the release, on October 17, 2025, Diwakar Finvest pledged 400,000 shares to Bajaj Finance Limited, increasing the encumbrance to 4.34%. Later that same day, an additional 70,000 shares were pledged to HSBC InvestDirect Financials Services (India) Ltd., bringing the total pledged shares to 1,90,05,957, representing 4.35% of the total share capital.
Impact on Promoter Holdings
These transactions reflect active management of share encumbrances by the promoter group. The series of releases and pledges are part of ongoing financial arrangements.
Source: BSE
