Diwakar Finvest releases encumbered shares in Emami

Diwakar Finvest Private Limited reported the release of encumbered shares in Emami Limited, as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. On September 10, 2025, Diwakar Finvest released 100,000 shares, reducing its total encumbered shares to 17,748,317, representing 4.07% of the total share capital. Prior to this release, the company had 17,848,317 encumbered shares, or 4.09% of the total share capital.

Similarly, Suraj Finvest Private Limited also released 200,000 shares on the same date, decreasing its encumbered holding to 5,351,992 shares, which constitutes 1.23% of the total share capital. Both releases were executed as per agreements with their lender, Indusind Bank Limited.

Collectively, Diwakar Finvest and Suraj Finvest hold 22.63% and 24.20% of Emami's total share capital, respectively. This disclosure highlights a reduction in the pledged shares by key promoters, potentially signaling increased financial flexibility.