Diwakar Finvest Private Limited submitted a disclosure concerning changes in the encumbrance status of shares held by its promoter group in Emami Limited, effective February 16, 2026. The report details several creation and release events concerning pledged shares with Bajaj Finance Limited and IDBI Trusteeship Services. These transactions resulted in net changes to the percentage of total share capital held under encumbrance by the promoter entities.
Shareholding Encumbrance Disclosure Summary
Diwakar Finvest Private Limited, acting on behalf of itself and its associated Promoter and Promoter Group Persons/Persons Acting in Concert, has furnished a mandatory disclosure regarding the creation and release of share pledges in Emami Limited. The reporting date for these events is February 16, 2026. The disclosure covers specific transactions impacting the holdings of Diwakar Finvest Private Limited and Suraj Finvest Pvt Ltd.
Key Encumbrance Transactions
The filing details several key movements:
- Diwakar Finvest Private Limited: On February 9, 2026, an initial pledge of shares was created, corresponding to 5.15% of the total share capital (2,24,98,014 shares) in favor of Bajaj Finance Limited.
- This was followed by another pledge creation on February 11, 2026, increasing the encumbered stake to 5.45%.
- A significant release occurred on February 13, 2026, where 14,25,000 shares (0.33%) were released from the pledge, bringing the total encumbered stake down to 5.30%.
- Suraj Finvest Pvt Ltd: On the reporting date, February 16, 2026, a creation event involved pledging 2,50,000 shares (0.06%) to IDBI Trusteeship Services Limited (Trustee) / DBS Bank limited (Lender), resulting in a post-event encumbered holding of 56,11,992 shares (1.29%).
Promoter Group Holding Context
The disclosures confirm the overall promoter holding context as of the reporting date. Diwakar Finvest Private Limited held 9,87,94,786 shares (22.63%), while Suraj Finvest Pvt Ltd held 10,56,30,326 shares (24.20%) of the target company’s share capital prior to the final transaction noted above.
Associated Persons Holdings
Annexure ‘A’ lists numerous individuals and HUFs within the promoter group, detailing their respective share capital holdings, which currently show no creation, release, or invocation events recorded against them for the reporting period, as indicated by the empty columns for post-event holdings.
Source: BSE
