Diwakar Finvest adjusts Emami share pledges, increases total encumbered holdings
Diwakar Finvest Private Limited, a promoter of Emami Limited, disclosed adjustments to its share pledges and releases as of October 27, 2025. This included a release of 17,360 shares (0.00% of total share capital) previously encumbered with Bajaj Finance Limited on October 16, 2025. This action reduced the encumbered shares from 1,85,53,317 to 1,85,35,957, maintaining a 4.25% share of total capital.
Following the release, Diwakar Finvest proceeded with new pledges. On October 17, 2025, 400,000 shares (0.09% of total share capital) were pledged with Bajaj Finance Limited, increasing the encumbered total to 1,89,35,957 shares, representing 4.34% of the total share capital. Additionally, 70,000 shares (0.02% of total share capital) were pledged on the same date with HSBC InvestDirect Financials Services (India) Ltd, bringing the grand total of encumbered shares to 1,90,05,957, or 4.35% of Emami's total share capital. Diwakar Finvest Private Limited's total promoter holding in Emami remains at 9,87,94,786 shares, or 22.63% of the 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
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