Promoters of Emami Limited have released shares previously pledged with lenders, reducing the total encumbered holdings within the promoter group. The disclosures were submitted to the stock exchanges on July 10, 2026, under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Diwakar Finvest Private Limited released 9,00,000 shares, representing 0.21% of the total share capital, which were pledged with Bajaj Finance Limited. This release occurred on July 08, 2026. Subsequently, on July 10, 2026, the entity released an additional 2,43,000 shares (0.06% of share capital) pledged with Indusind Bank Limited. Following these transactions, the encumbered holding for Diwakar Finvest Private Limited stands at 2,67,96,014 shares, or 6.14% of the total share capital.

Suraj Finvest Pvt Ltd also released 6,47,000 shares, amounting to 0.15% of the total share capital, from Indusind Bank Limited on July 10, 2026. Post this release, the entity's encumbered holding decreased to 84,71,992 shares, accounting for 1.94% of the total share capital. The releases were executed as per agreements with the respective lenders.

The filing detailed the promoter holdings and encumbrance status as of the reporting date. Diwakar Finvest Private Limited holds a total of 9,87,94,786 shares, constituting 22.63% of the company. Suraj Finvest Pvt Ltd holds 10,56,30,326 shares, or 24.20% of the total share capital. The disclosures confirmed that other promoter group individuals and entities listed in the annexure held no encumbered shares.

Details of Share Release

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:

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.