Diwakar Finvest adjusts Emami share pledges

On December 1, 2025, Diwakar Finvest Private Limited, a promoter of Emami Limited, submitted a disclosure detailing changes in its pledged shareholdings. The disclosure, made under SEBI regulations, outlines the creation of new pledges and the release of existing ones.

On November 24, 2025, Diwakar Finvest pledged 240,000 shares in favor of Bajaj Finance Limited, increasing its total encumbered shares to 19,588,014, or 4.49% of Emami's total share capital. The following day, November 25, 2025, an additional 60,000 shares were pledged with HSBC InvestDirect Financial Services (India) Ltd, bringing the encumbered percentage to 4.50% (19,648,014 shares).

However, on November 26, 2025, Diwakar Finvest released 200,000 shares previously pledged with IDBI Trusteeship Services Ltd. (Trustee), reducing its encumbered holding to 19,448,014 shares, or 4.46% of the total share capital. Separately, Suraj Finvest Private Limited, another promoter, pledged 10,000 shares with Bajaj Finance Limited on November 24, 2025, resulting in 5,361,992 encumbered shares, or 1.23% of Emami's capital.