Emkay Global Financial Services has appointed Rajesh Shah as an additional non-executive independent director on its board. The appointment is effective from August 19, 2026, for a term of five years ending on August 18, 2031, subject to shareholder approval.

The Board of Directors approved the move via a circular resolution dated August 18, 2026, based on recommendations from the Nomination, Remuneration and Compensation Committee. Mr. Shah will not be liable to retire by rotation under Section 149(13) of the Companies Act, 2013.

Director Profile

Mr. Shah brings approximately 30 years of corporate experience, primarily within the Aditya Birla Group. He is a commerce graduate and an Associate member of the Institute of Chartered Accountants of India.

His professional background includes:

• Serving as Chief Financial Officer for the Cement Division of Century Textiles & Industries Limited from November 2015 until the division merged with UltraTech Cement Limited.
• Experience in business review, budgeting, MIS, corporate accounts, strategic planning, M&A, commercial operations, risk management, and internal controls.
• Current role as a director of AB General Electoral Trust and managing his own investments.

Regulatory Disclosures

The company disclosed that Mr. Shah is not related to any existing directors and is not debarred from holding office by SEBI or any other authority. The intimation was filed under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Emkay Global Financial Services will hold a management committee meeting on Friday, August 21, 2026, to consider and approve the issuance of non-convertible debentures (NCDs) on a private placement basis. This corporate action follows a prior intimation issued on May 12, 2026, regarding the company's intent to raise capital through debt instruments.

The proposal seeks approval for raising funds up to ₹100 crore through the issuance of secured or unsecured NCDs. The issuance will be conducted in accordance with Securities and Exchange Board of India (SEBI) guidelines for NCDs, the provisions of the Companies Act, 2013, and other applicable laws.

Regulatory Compliance and Trading Window

In adherence to Emkay Global Financial Services Limited’s Insider Trading Policy, the trading window for dealing in the company’s securities has been closed for insiders. The closure commenced on August 10, 2026, and will remain in effect until the expiry of 48 hours after the announcement of the outcome of the management committee meeting.

The initial prior intimation was filed pursuant to Regulation 29 and Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors had scheduled consideration of this proposal for its meeting on May 15, 2026.

Key Details of the Proposed Issue

The company notified both the National Stock Exchange of India Limited and BSE Limited of these developments. Nishant S. Shirke, Company Secretary and Compliance Officer, confirmed the scheduling of the meeting and the continued closure of the trading window for insiders.