Emami Limited has issued corporate guarantees totaling ₹17,623.68 lakhs to HDFC Bank Limited, Ambala, for banking facilities availed by its subsidiary and step-down subsidiary companies. The company informed the stock exchanges on May 1, 2026, about this significant financial commitment under SEBI regulations.

Corporate Guarantee Details

The guarantee covers three companies within the Axiom group, with varying amounts based on their banking facility requirements:

Recent Acquisition Context

This corporate guarantee arrangement follows Emami's strategic acquisition move. The company entered into a Share Purchase Agreement on April 1, 2026, to acquire a 73.5% stake in Axiom Ayurveda Pvt. Ltd. from its existing shareholders. As the holding company of these Axiom entities, Emami is required to extend corporate guarantees for their banking facilities.

Regulatory Compliance and Transaction Details

The guarantee issuance complies with SEBI regulations, specifically Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Key aspects of the transaction include:

• The corporate guarantee is issued at arm's length
• Promoter and promoter group companies have no interest in this transaction
• The guarantee will remain valid until complete loan repayment
• All three companies are subsidiary or step-down subsidiary entities of Emami Limited

Financial Impact Assessment

Emami has disclosed that there is no immediate operational impact on the company from these corporate guarantees. However, the total guarantee amount of ₹17,623.68 lakhs constitutes a contingent liability on the company's books. This financial commitment reflects Emami's support for its subsidiary companies' banking relationships and operational requirements.

The company has made the complete disclosure available on its official website at www.emamiltd.in and has fulfilled all regulatory notification requirements to both NSE and BSE. The filing was digitally signed by Ravi Varma, Company Secretary & Compliance Officer.

Emami Limited promoter Diwakar Finvest Private Limited has disclosed the release of pledged shares through three separate transactions conducted in April 2026. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on April 22, 2026, in compliance with Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Details of Share Releases

The promoter released shares to two financial institutions as per agreements with lenders. The first transaction involved the release of 6,000 shares to Axis Finance Limited on April 15, 2026. This was followed by two releases to Bajaj Finance Limited: 6,00,000 shares on April 16, 2026, and 12,00,000 shares on April 22, 2026.

Impact on Promoter Holdings

Diwakar Finvest Private Limited holds a total of 9,87,94,786 shares in Emami Limited, representing 22.63% of the company's total share capital. Following the release transactions, the promoter's encumbered holdings decreased from 2,72,95,014 shares (6.25%) to 2,54,89,014 shares (5.84%).

Other Promoter Holdings

The disclosure also includes details of other promoter and promoter group persons. Notably, Priti A Sureka holds 1,51,04,702 shares (3.4604%), while Suraj Finvest Private Limited holds 10,56,30,326 shares (24.1994%) with 1,20,28,992 shares (2.7558%) encumbered. All other listed promoters and promoter group persons have no encumbrances on their holdings as of the reporting date.