EMS Limited has disclosed the release of pledged shares by its promoter following loan repayment, marking a significant reduction in encumbered shareholding. The company made this announcement on March 17, 2026, in compliance with regulatory requirements under SEBI takeover regulations.

Pledge Release Details

Mr. Ramveer Singh, promoter of EMS Limited, released 10.80 lakh pledged shares after completing the repayment of a Rs 10.00 crores loan to Cholamandalam Investment and Finance Company Limited. This transaction represents a strategic financial move that reduces the promoter's encumbered shareholding in the company.

Shareholding Impact

The pledge release has resulted in a notable change in the promoter's encumbered shareholding structure. Singh's total promoter holding remains substantial at 3.76 crores shares, representing 67.85% of the company's total share capital.

Regulatory Compliance

The disclosure was made in accordance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company also referenced relevant SEBI circulars dated March 07, 2022, and August 07, 2019, demonstrating adherence to updated regulatory guidelines.

EMS Limited, formerly known as EMS Infracon Pvt Ltd, is listed on both BSE Limited and National Stock Exchange of India Limited. The company's shares trade under scrip code 543983 on BSE and symbol EMSLIMITED on NSE.

Corporate Governance

The pledge release reflects positive corporate governance practices and the promoter's commitment to reducing encumbrance on shareholding. The transaction was formally documented and disclosed to both stock exchanges where the company's shares are listed, ensuring transparency for all stakeholders.

Ashish Tomar, Managing Director and CFO of EMS Limited, signed the disclosure document, confirming the company's compliance with regulatory requirements and maintaining proper corporate governance standards.

EMS Limited has informed stock exchanges about the release of pledge on equity shares by its promoter following the complete repayment of a loan facility, demonstrating improved financial position and reduced encumbrance levels.

Pledge Release Details

Promoter Ramveer Singh released a pledge on 6.76 lakh equity shares on March 11, 2026, following the full repayment of a ₹20.00 crore loan to CSL Finance Limited. The release was disclosed in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Updated Shareholding Position

Following the pledge release, Singh's encumbered shareholding has decreased significantly while maintaining his overall promoter stake in the company.

Loan Repayment and Financial Position

The pledge release follows the complete repayment of a loan facility that was previously secured against the company's shares. The successful loan repayment demonstrates the promoter's improved liquidity position and commitment to reducing share encumbrance levels.

Transaction Summary

• Loan Amount: ₹20.00 crore fully repaid
• Lender: CSL Finance Limited
• Security Released: 6.76 lakh equity shares
• Impact: Reduction in encumbered shareholding by 1.22%

Regulatory Compliance

The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and relevant SEBI circulars dated March 07, 2022, and August 07, 2019. The company confirmed that the release reduces the overall encumbered shareholding while maintaining compliance with all regulatory requirements.

The pledge release reflects positively on the company's financial management and the promoter's ability to meet debt obligations, potentially improving investor confidence in the company's governance and financial stability.