Diwakar Finvest Private Limited, a promoter entity of Emami Limited, has disclosed details regarding the release and creation of share encumbrances. Key transactions involved the release of shares with DCB Bank and Indusind Bank, alongside the creation of a pledge with Bajaj Finance Limited. These adjustments reflect ongoing financial arrangements within the promoter group. The disclosure date is January 15, 2026.
Share Encumbrance Update
Diwakar Finvest Private Limited, a part of the promoter group of Emami Limited, has provided an update on share encumbrances. The disclosure, dated January 15, 2026, details several transactions involving the release and creation of encumbrances on shares of Emami Limited.
Details of Share Release
Several releases of share encumbrances were executed:
- January 7, 2026: 200,000 shares released from DCB Bank Limited.
- January 8, 2026: 300,000 shares released from Indusind Bank Limited.
- January 8, 2026: 300,000 shares released.
- January 13, 2026: 250,000 shares released.
- January 14, 2026: 150,000 shares released.
Creation of Share Pledge
A pledge of shares was created on January 9, 2026:
- 1,300,000 shares pledged to Bajaj Finance Limited.
Impact on Encumbered Holdings
Following these transactions, the encumbered shares held by Diwakar Finvest Private Limited stand at 22,498,014, representing 5.15% of the total share capital.
Source: BSE
