Emkay Global gets trading approval for 1,00,000 shares

1 min read     Updated on 22 Jul 2026, 11:43 AM
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Emkay Global Financial Services received trading approval for 1,00,000 equity shares allotted to promoter Prakash Kacholia upon warrant conversion. The shares, listed from July 22, 2026, carry an issue price of ₹239.5 including a premium of ₹229.5. These shares are locked in for 18 months until January 23, 2028, as per SEBI regulations.

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Emkay Global Financial Services has secured trading approval from the National Stock Exchange of India (NSE) and BSE Limited for 1,00,000 equity shares allotted to promoter Prakash Kacholia. The shares were issued upon the conversion of warrants on a preferential basis under the SEBI (Issue and Capital Disclosure Requirements) Regulations, 2018. The exchanges granted approval via letters dated July 21, 2026, with the shares admitted to dealings starting July 22, 2026.

The equity shares of ₹10 each were issued at a premium of ₹229.5 and bear distinctive numbers ranging from 27130132 to 27230131. The allotment follows the conversion of warrants issued to the promoter, increasing the company's equity base. The trading approval ensures these shares are now officially listed on both exchanges, allowing for market transactions subject to regulatory lock-in requirements.

Lock-in Details

As per the SEBI ICDR Regulations, the newly listed shares are subject to a lock-in period. The restriction prevents the sale of these shares for 18 months from the receipt of the trading approval letters. The lock-in period is set to expire on January 23, 2028.

Particulars Details
Number of Shares 1,00,000
Distinctive Numbers 27130132 to 27230131
Lock-in Period 18 months
Lock-in Expiry Date 23-Jan-2028

The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted by Nishant S. Shirke, Company Secretary and Compliance Officer. The relevant documents and details have been hosted on the company's website for shareholder reference.

Historical Stock Returns for Emkay Global Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.55%-9.36%-19.82%-16.08%-11.43%+86.27%

How might the conversion of these warrants impact Emkay Global's earnings per share and shareholder value in the coming quarters?

What strategic initiatives is the company likely to pursue with the capital raised from the preferential warrant issue?

How could the market react to the potential liquidity influx once the 18-month lock-in period expires in January 2028?

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Emkay Global fixes Aug 3 record date for ₹1.50 dividend

4 min read     Updated on 21 Jul 2026, 11:15 PM
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Emkay Global Financial Services has fixed August 3, 2026, as the record date for a ₹1.50 per share dividend, subject to approval at the 32nd AGM on August 10, 2026, via VC/OAVM. The company reported FY26 standalone profit of ₹1,190.14 Lakh, a decline from the previous year, with total income growing to ₹36,719.10 Lakh. Shareholders will vote on increasing borrowing limits to ₹1,000 Crore and issuing NCDs up to ₹100 Crore.

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Emkay Global Financial Services has fixed Monday, 3rd August, 2026, as the record date to determine member eligibility for a dividend of ₹1.50 per equity share (i.e., 15% on face value of ₹10 each) for the financial year ended 31st March, 2026. The dividend, recommended by the Board of Directors, is subject to shareholder approval at the 32nd Annual General Meeting (AGM) scheduled for Monday, 10th August, 2026, at 4:30 p.m. (IST) via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company has completed the dispatch of the AGM notice and Annual Report for FY 2025-26 in electronic mode. The dividend, if declared, will be paid on or after 10th August, 2026, subject to applicable tax deductions.

Key AGM and Dividend Details

The following table summarises the key dates and parameters for the 32nd AGM and dividend:

Parameter: Details
AGM Date & Time Monday, 10th August, 2026 at 4:30 p.m. (IST)
Mode Video Conferencing (VC) / Other Audio Visual Means (OAVM)
Dividend Recommended ₹1.50 per equity share of face value ₹10 each (15%)
Record Date Monday, 3rd August, 2026
Remote E-Voting Start Friday, 7th August, 2026 at 09:00 a.m. (IST)
Remote E-Voting End Sunday, 9th August, 2026 at 5:00 p.m. (IST)
Dividend Payment Date On or after 10th August, 2026
Equity Dividend Outgo Approximately ₹392.83 Lakh
Dividend Payout Ratio 33.18% of standalone net profit

The AGM will be conducted entirely through VC/OAVM, facilitated by Central Depository Services (India) Limited (CDSL). Members can participate by logging in at www.evotingindia.com . The cut-off date for e-voting eligibility is Monday, 3rd August, 2026. Members holding shares in physical form must submit a duly executed Form ISR-1 to the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, to update bank account details.

Business to be Transacted at the AGM

The AGM agenda covers the adoption of audited standalone and consolidated financial statements for FY 2025-26 and declaration of the recommended dividend. Other agenda items include the re-appointment of Mr. S. K. Saboo (DIN: 00373201) as a Non-Executive Non-Independent Director liable to retire by rotation. Shareholders will also vote on the payment of commission to Independent Directors for five years from financial year 2026-27 to financial year 2030-31, increasing borrowing limits up to ₹1,000 Crore, and issuing Non-Convertible Debentures on a private placement basis aggregating up to INR 100 Crore.

FY 2025-26 Financial Performance

The company reported its financial results for the year ended 31st March, 2026. The following table presents the key standalone and consolidated financial figures:

Metric: Standalone FY26 Standalone FY25 Consolidated FY26 Consolidated FY25
Total Income (₹ Lakh) 36,719.10 33,961.95 39,628.76 36,124.07
EBITDA (₹ Lakh) 4,565.50 7,995.51 4,758.02 7,932.64
Profit Before Tax (₹ Lakh) 1,638.94 6,104.47 2,119.12 6,073.07
Profit After Tax (₹ Lakh) 1,190.14 5,891.28 1,507.52 5,691.46
Profit for the Year (₹ Lakh) 1,190.14 5,891.28 1,520.10 5,683.06
Basic EPS (₹) 4.64 23.64 5.92 22.80

On a standalone basis, total income grew 8.12% year-on-year, while profit for the year declined 79.80% compared to the previous financial year. On a consolidated basis, total income grew 9.70% year-on-year, while profit for the year declined 73.25%. The contraction in profitability was primarily attributable to elevated geopolitical uncertainties, market consolidation, and higher operating costs associated with ongoing investments in technology, talent, and international expansion.

Segmental and Business Highlights

The Capital Markets business delivered Capital Market Revenue of ₹24,116 Lakhs in FY 2025-26, growing 23% year-on-year compared to ₹19,651 Lakhs in FY 2024-25. The Asset Management segment grew 38% year-on-year to ₹2,708 Lakhs, with PMS and AIF Assets Under Management rising 30% year-on-year to ₹1,595 Crores as of 31st March, 2026. The Wealth Management business maintained a robust Wealth AUM of ₹15,458 Crores, with advisory revenues growing 24% year-on-year to ₹2,256 Lakhs. The Investment Banking division completed five ECM transactions aggregating ₹4,178 Crores during the year.

Segment Metric: FY 2025-26
Capital Market Revenue ₹24,116 Lakhs
Capital Market Revenue Growth (YoY) 23%
Asset Management Revenue ₹2,708 Lakhs
Asset Management Revenue Growth (YoY) 38%
PMS & AIF AUM ₹1,595 Crores
PMS & AIF AUM Growth (YoY) 30%
Wealth AUM ₹15,458 Crores
Advisory Revenue ₹2,256 Lakhs
Advisory Revenue Growth (YoY) 24%
Investment Banking Deal Value ₹4,178 Crores

Borrowings and NCD Details

As on 31st March, 2026, the company had an outstanding total borrowing of ₹13,020 Lakh, compared to ₹6,600 Lakh as on 31st March, 2025. The Debt Equity ratio as on 31st March, 2026 stood at 0.42. The aggregate value of NCDs issued and outstanding stood at ₹90.20 Crore as on 31st March, 2026. Shareholders are being asked to approve an increase in the borrowing limit from ₹500 Crore to ₹1,000 Crore, and to authorise issuance of NCDs on a private placement basis aggregating up to INR 100 Crore for working capital and general corporate purposes.

Historical Stock Returns for Emkay Global Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
-1.55%-9.36%-19.82%-16.08%-11.43%+86.27%

How will the proposed increase in borrowing limits to ₹1,000 Crore impact the company's leverage and future expansion strategy?

What specific measures is management taking to reverse the significant decline in profitability observed in FY 2025-26?

How does the company plan to utilize the proceeds from the proposed issuance of Non-Convertible Debentures?

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