Diwakar Finvest Private Limited, part of the Emami promoter group, has disclosed the pledge of 350,000 shares of Emami Limited to Bajaj Finance Limited on November 3, 2025. This represents 0.08% of the total share capital. Following this pledge, the total encumbered shares held by the promoter group amount to 4.43% of Emami Limited’s total share capital.
Pledge of Shares by Promoter Group
On November 3, 2025, Diwakar Finvest Private Limited, a member of the promoter group of Emami Limited, entered into an agreement to pledge a portion of its holdings in the company. The disclosure, dated November 7, 2025, outlines the details of this transaction.
Details of the Share Pledge
A total of 350,000 shares, representing 0.08% of the total share capital of Emami Limited, were pledged to Bajaj Finance Limited. This action increased the total number of encumbered shares held by the promoter group.
Encumbered Share Position
Following the pledge, the total number of shares encumbered by the promoter group now stands at 1,935,5957 shares, equivalent to 4.43% of Emami Limited’s total share capital. The pledge was executed as per an agreement with the lender, Bajaj Finance Limited.
Breakdown of Promoter Holdings
As of the reporting date, the total promoter holding in Emami Limited is 98,794,786 shares, which accounts for 22.63% of the company’s total share capital. Before this recent pledge, 19,005,957 shares, or 4.35% of the total share capital, were already encumbered.
Source: BSE
