Emami Limited will review a proposal for the buyback of its fully paid-up equity shares at a Board of Directors meeting scheduled for September 17, 2026. The company issued prior intimation on September 14, 2026.

The agenda covers matters related to the buyback under Sections 68, 69, and 70 of the Companies Act, 2013. The proposal also complies with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended.

Regulatory Compliance

The intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Emami stated that the outcome of the Board meeting will be disseminated to stock exchanges after its conclusion on September 17, 2026.

The notice is available on the company’s website and the platforms of the National Stock Exchange of India Ltd and BSE Limited.

Promoter entities Diwakar Finvest Private Limited and Suraj Finvest Private Limited disclosed the creation and release of pledges on their Emami Limited shares between August 28 and September 2, 2026. The transactions involved lenders including Bajaj Finance Limited, HSBC InvestDirect Financial Services (India) Ltd, and DBS Bank Limited.

The disclosures were filed under Regulation 31(1) & (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Santinath Paul, authorized signatory for Diwakar Finvest, submitted the report to the National Stock Exchange of India Limited and BSE Limited on September 4, 2026.

Pledge Transactions

Diwakar Finvest created three separate pledges during the reporting period. The entity pledged 800,000 shares to Bajaj Finance Limited on August 28, followed by another pledge of 850,000 shares to the same lender on August 31. A smaller pledge of 50,000 shares was created in favor of HSBC InvestDirect Financial Services (India) Ltd on September 2.

Suraj Finvest engaged in mixed activity, releasing shares while also creating new encumbrances. The entity released 500,000 shares from pledge with Bajaj Finance Limited on August 28 and released a further 850,000 shares from the same lender on August 31. However, Suraj Finvest created a new pledge of 450,000 shares with DBS Bank Limited (through Catalyst Trusteeship Limited as trustee) on September 2.

Holding Status

As on the date of the report, Diwakar Finvest holds 98,794,786 shares, representing 22.63% of Emami's total share capital. Of this holding, 28,491,014 shares (6.53%) remain encumbered. Suraj Finvest holds 105,630,326 shares (24.20%), with 7,566,992 shares (1.73%) currently under pledge.

The net effect of these transactions saw Diwakar Finvest increase its pledged stake by 1,650,000 shares, while Suraj Finvest reduced its pledged stake by 900,000 shares over the five-day period.