FilingReader Intelligence

Diwakar Finvest increases pledged Emami shares

October 11, 2025 at 05:19 AM UTCBy FilingReader AI

On October 10, 2025, Diwakar Finvest Private Limited (formerly Sneha Enclave Pvt. Ltd.) disclosed to the National Stock Exchange of India and BSE Limited an increase in pledged shares of Emami Limited. The disclosure details a new pledge of 25,000 shares.

This transaction, dated October 7, 2025, was made with HSBC InvestDirect Financial Services (India) Ltd as per an agreement with the lender. Prior to this, Diwakar Finvest held 98,794,786 shares, representing 22.63% of Emami's total share capital, with 18,528,317 shares (4.24%) already encumbered.

Following the new pledge, the post-event holding of encumbered shares for Diwakar Finvest Private Limited now stands at 18,553,317 shares, increasing the total encumbered percentage to 4.25% of Emami Limited's total share capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:EMAMILTDBombay Stock Exchange

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