Diwakar Finvest Private Limited, a promoter group entity of Emami Limited, has disclosed the creation and release of share encumbrances. A pledge of shares was created with Bajaj Finance Limited for 240,000 shares on November 24, 2025. Additional shares were pledged to HSBC InvestDirect Financial Services (India) Ltd on November 25, 2025. A release of 200,000 shares occurred on November 26, 2025. Another promoter entity, Suraj Finvest Private Limited, also created a pledge.
Share Encumbrance Details
Diwakar Finvest Private Limited announced changes in its share encumbrances related to its holdings in Emami Limited. On November 24, 2025, 240,000 shares, representing 0.05% of the total share capital, were pledged to Bajaj Finance Limited.
Further Pledge Creation
The promoter group further increased the encumbrance on November 25, 2025, with a pledge of 60,000 shares (0.01%) to HSBC InvestDirect Financial Services (India) Ltd.
Partial Release of Encumbered Shares
On November 26, 2025, Diwakar Finvest Private Limited released 200,000 shares (0.05%) that were previously pledged with IDBI Trusteeship Services Ltd. (Trustee) for IL & FS Infrastructure Debt Fund (Borrower).
Suraj Finvest Encumbrance
Suraj Finvest Private Limited, another entity within the promoter group, also created a pledge of 10,000 shares (0.00%) with Bajaj Finance Limited on November 24, 2025.
Promoter Group Holdings
Following these transactions, Diwakar Finvest Private Limited holds 19,448,014 shares encumbered, representing 4.46% of the total share capital. The total promoter holding in Emami Limited is 98,794,786 shares, or 22.63%. Suraj Finvest Private Limited holds a total of 5,361,992 encumbered shares, or 1.23%, while having total promoter holding of 105,630,326 shares.
Source: BSE
