Emkay Global Financial Services Receives Trading Approval for 2.78 Lakh Shares

Emkay Global Financial Services Limited has successfully obtained trading approval from both major Indian stock exchanges for 2,78,300 equity shares allotted through warrant conversion. The company announced this latest development in a regulatory filing dated March 24, 2026, following the earlier in-principle listing approval received on March 18, 2026.

Trading Approval Milestone

Both the National Stock Exchange of India Limited and BSE Limited granted trading approval on March 24, 2026, enabling the shares to commence trading from March 25, 2026. This represents the final step in the listing process for equity shares allotted to promoter following conversion of warrants issued on preferential basis.

Trading Details:	Information
NSE Reference:	NSE/LIST/54182
BSE Reference:	LOD/PREF/SV/418/2025-2026
Trading Start Date:	March 25, 2026
Share Quantity:	2,78,300 equity shares
Distinctive Numbers:	25910764 to 26189063

Share Specifications and Pricing

The equity shares carry specific financial parameters as outlined in the exchange communications. The allotment was made at a premium price reflecting the company's current market valuation.

Share Parameters:	Details
Face Value:	Rs. 10/- each
Issue Price:	Rs. 239.50/-
Premium:	Rs. 229.50/-
Allottee:	Promoter
Lock-in Period:	Until September 25, 2027

Capital Structure Impact

Upon receipt of trading approvals, the listed capital of the company has increased significantly. The regulatory filing indicates the enhanced capital base following the warrant conversion process.

Capital Impact:	Details
New Listed Capital:	Rs. 26,18,90,630/-
Total Equity Shares:	2,61,89,063 shares
Par Value:	Rs. 10/- each
Status:	Fully paid equity shares

Regulatory Compliance

The company has fulfilled all mandatory compliance requirements specified by both exchanges. BSE emphasized adherence to Regulation 167 of SEBI ICDR Regulations and other SEBI specifications. The trading approval process required confirmation from depositories NSDL and CDSL regarding crediting shares to beneficiary accounts and admission to the depository system.

NSE confirmed that all critical information and submissions under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 shall be provided through NEAPS - NSE Electronic Application Processing System for efficient processing. The exchange has also launched a mobile application offering listed entities convenient access to track submission status and compliance calendar.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.31%	-0.57%	-12.75%	-35.75%	-1.82%	+199.97%

Emkay Global Financial Services Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the appointment of Mr. Raunak Karwa as Executive Director. The company announced the results on March 23, 2026, following the completion of the remote e-voting process conducted in compliance with regulatory requirements.

Postal Ballot Results

The special resolution for appointing Mr. Raunak Karwa (DIN: 08632290) as a Whole-Time Director designated as Executive Director for three years received exceptional shareholder support. The voting results demonstrate strong confidence in the leadership appointment.

Voting Outcome:	Details
Total Votes Polled:	1,94,02,093 shares
Votes in Favor:	1,94,02,018 shares
Votes Against:	75 shares
Approval Percentage:	99.9996%
Voter Turnout:	74.88% of total shareholders

Regulatory Compliance and Process

The postal ballot process was conducted pursuant to Section 110 of the Companies Act, 2013, and the Companies (Management and Administration) Rules, 2014. The company also complied with Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Process Parameters:	Information
Notice Date:	January 27, 2026
Cut-off Date:	February 13, 2026
Total Shareholders:	11,812
Voting Start:	February 20, 2026 at 9:00 a.m.
Voting End:	March 21, 2026 at 5:00 p.m.
Scrutinizer:	Ms. Sarvari Shah (FCS 9697)

Category-wise Voting Breakdown

The voting results showed strong support across all shareholder categories. Promoter and promoter group shareholders demonstrated unanimous support, while public shareholders also showed overwhelming approval for the appointment.

Shareholder Category:	Shares Held	Votes Polled	% Polled	Votes in Favor	Approval %
Promoter Group:	1,86,32,284	1,81,32,284	97.32%	1,81,32,284	100.00%
Public Institutions:	2,10,469	1,87,107	88.90%	1,87,107	100.00%
Public Non-Institutions:	70,68,010	10,82,702	15.32%	10,82,627	99.99%

Scrutinizer's Report

Ms. Sarvari Shah of Parikh & Associates, Company Secretaries, served as the scrutinizer for the postal ballot process. The scrutinizer's report confirmed the validity of the voting process and provided detailed breakdown of votes cast through the remote e-voting facility provided by Central Depository Services (India) Limited (CDSL).

The appointment of Mr. Raunak Karwa as Executive Director has been formally approved with the requisite majority, enabling the company to proceed with the leadership transition as planned. The company has fulfilled all disclosure requirements under the applicable regulations and has made the voting results available on its website.