Emami Ltd increases stake in IncNut Digital to 60%

Emami Ltd increased its stake in IncNut Digital Private Limited to 60.00% following the acquisition of 1064 equity shares on June 11, 2026. The company's holding in IncNut Digital rose from 59.69% to 60.00% as per the terms of the Share Subscription and Purchase Agreement.

The acquisition is part of the disclosures required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details were submitted in reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Transaction Details

Particulars	Details
Target Company	IncNut Digital Private Limited
Shares Acquired	1064 equity shares
Date of Acquisition	June 11, 2026
Previous Stake	59.69%
Revised Stake	60.00%

The intimation regarding the transaction was submitted to the National Stock Exchange of India Ltd and BSE Limited. The information is also available on Emami Ltd's website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.13%	+0.03%	-12.09%	-26.39%	-33.89%	-28.04%

Emami Limited promoters Diwakar Finvest Private Limited and Suraj Finvest Pvt Ltd adjusted their share pledges in early June 2026, according to a regulatory filing. The disclosures, submitted under Regulation 31(1) & (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailed the creation and release of encumbrances on shares held by the promoter group. The filing was reported to the National Stock Exchange of India Limited and BSE Limited on June 8, 2026.

Pledge and Release Details

Suraj Finvest Pvt Ltd released 25,00,000 shares, representing 0.57% of the total share capital, on June 2, 2026. The release was executed in favor of DBS Bank Limited as per an agreement with the lender. Following this release, the entity's encumbered holdings stood at 1,05,28,992 shares, or 2.41% of the total share capital.

Subsequently, on June 3, 2026, Suraj Finvest Pvt Ltd pledged an additional 2,50,000 shares, amounting to 0.06% of the share capital. The shares were pledged in favor of IDBI Trusteeship Services Ltd as Trustee. This transaction increased the entity's total encumbered holdings to 1,07,78,992 shares, or 2.47% of the total share capital.

Diwakar Finvest Private Limited also created new pledges on June 3, 2026. The entity pledged 13,00,000 shares, or 0.30% of the share capital, to Bajaj Finance Limited. Additionally, it pledged 1,00,000 shares, representing 0.02% of the share capital, to HSBC InvestDirect Financials Services (India) Ltd. These actions raised Diwakar Finvest Private Limited's total encumbered holdings to 2,82,39,014 shares, or 6.47% of the total share capital.

Promoter Holdings

The filing outlined the total promoter holdings and the percentage of encumbered shares for the entities involved. Suraj Finvest Pvt Ltd holds a total of 10,56,30,326 shares, which constitutes 24.20% of the total share capital. Diwakar Finvest Private Limited holds 9,87,94,786 shares, accounting for 22.63% of the total share capital.

Promoter Entity	Total Shares Held	% of Share Capital	Encumbered Shares	% of Share Capital
Suraj Finvest Pvt Ltd	10,56,30,326	24.20	1,07,78,992	2.47
Diwakar Finvest Private Limited	9,87,94,786	22.63	2,82,39,014	6.47

The disclosures were signed by Santinath Paul, the Authorized Signatory for Diwakar Finvest Private Limited, on behalf of the promoters and persons acting in concert.