Emami promoters release pledged shares worth ₹1.8 crore

Promoters of Emami Limited , Suraj Finvest Private Limited and Diwakar Finvest Private Limited, have released a cumulative 1,800,000 pledged shares, reducing the total encumbered shareholding within the promoter group. Suraj Finvest Private Limited released 1,500,000 shares on July 2, 2026, while Diwakar Finvest Private Limited released 300,000 shares on July 3, 2026. These disclosures were submitted to the National Stock Exchange of India Limited and BSE Limited on July 3, 2026, in compliance with Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The release of shares was executed as per agreements with respective lenders. Suraj Finvest Private Limited settled its obligations with Bajaj Finance Ltd, whereas Diwakar Finvest Private Limited settled with Axis Finance Limited. Following these transactions, the encumbered holdings for both entities have decreased, impacting the overall promoter group pledge ratios. The authorized signatory for the disclosures was Santinath Paul.

Details of Encumbrance Changes

The following table details the specific changes in share encumbrance for the promoter entities:

Promoter Name	Shares Released	Date of Release	% of Share Capital Released	Entity in Favour	Post-Event Encumbered Shares	Post-Event Encumbered %
Suraj Finvest Private Limited	1,500,000	02-07-2026	0.34%	Bajaj Finance Ltd	91,18,992	2.09%
Diwakar Finvest Private Limited	300,000	03-07-2026	0.07%	Axis Finance Limited	2,79,39,014	6.40%

Prior to the release, Suraj Finvest Private Limited held 10,56,30,326 shares, representing 24.20% of the total share capital, with 1,06,18,992 shares (2.43%) under encumbrance. Diwakar Finvest Private Limited held 9,87,94,786 shares, representing 22.63% of the total share capital, with 2,82,39,014 shares (6.47%) under encumbrance. The updated figures reflect the reduction in pledged shares following the release events. The filing confirms that no other promoter group individuals reported encumbrance activity during this period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.52%	+1.09%	+7.80%	-17.05%	-30.82%	-25.48%

A notable block trade was recorded on the National Stock Exchange (NSE) for Emami Ltd., with approximately 840,360 shares changing hands at a price of Rs. 399.50 per share. The total value of the transaction stood at Rs. 33.57 crores.

Block Trade Details

The following table summarizes the key parameters of the block trade executed on the NSE:

Parameter:	Details
Exchange:	NSE
Number of Shares:	~840,360
Trade Price:	Rs. 399.50 per share
Total Trade Value:	Rs. 33.57 crores

Block trades are large, privately negotiated securities transactions that are executed outside of the open market to minimize the impact on the stock's prevailing price. Such trades are typically associated with institutional investors or significant stakeholders.