EMS Limited has announced another significant pledge release by its promoter following the complete repayment of a loan facility. The latest disclosure, made in compliance with SEBI regulations on March 30, 2026, represents a further reduction in the promoter's encumbered shareholding.

Latest Pledge Release Details

Promoter Mr. Ramveer Singh has released pledge on 25,00,000 shares after fully repaying a loan of ₹50.00 crores to Satyen Jitendra Mamtora and Jitendra Ujamsi Mamtora. The pledge release was executed on March 30, 2026, and disclosed to both BSE Limited and National Stock Exchange of India Limited on the same date.

Updated Promoter Shareholding Structure

Following this latest pledge release, Mr. Ramveer Singh's shareholding pattern shows continued improvement in reducing encumbered shares while maintaining his overall stake in the company.

The promoter continues to hold 67.85% of EMS Limited's total share capital, with the encumbered shareholding now reduced to 15.29% from the previous 19.80%, representing a significant improvement in the promoter's financial position.

Regulatory Compliance

The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, along with compliance to SEBI circulars SEBI/HO/CFD/DCR-3/P/CIR/2022/27 dated March 07, 2022, and SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 07, 2019. The company's Managing Director and CFO Ashish Tomar signed the disclosure document, ensuring proper regulatory adherence.

Company Information

EMS Limited, formerly known as EMS Infracon Pvt Ltd, is listed on both BSE Limited (Scrip Code: 543983) and National Stock Exchange of India Limited (NSE Symbol: EMSLIMITED). This latest pledge release continues the positive trend in the promoter's deleveraging efforts and further reduces the overall encumbrance on the company's shares.

EMS Limited has resubmitted the Scrutinizer's Report for its 1st Extraordinary General Meeting (EGM) held on March 23, 2026, after inadvertently filing an unsigned version. The company confirmed that there are no changes to the voting results, with both key resolutions receiving overwhelming shareholder approval for QIP fundraising and MOA amendment initiatives.

Documentation Correction and Resubmission

On March 26, 2026, EMS Limited informed BSE Limited and National Stock Exchange of India Limited about the resubmission of the Scrutinizer's Report. The original filing on March 24, 2026 contained an incorrect version that was not countersigned by the authorized signatory.

The corrected Scrutinizer's Report, properly countersigned by Managing Director & CFO Ashish Tomar, has been made available on the company's website at www.ems.co.in and submitted to both stock exchanges for regulatory compliance.

EGM Overview and Participation

The EGM was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) from 03:26 P.M. to 04:10 P.M. on March 23, 2026. The meeting witnessed substantial shareholder participation with comprehensive attendance from the company's leadership team.

The meeting was presided over by Mr. Ramveer Singh, Chairman and Promoter Shareholder, with proceedings handed over to Mr. Ashish Tomar, Managing Director and CFO. Mr. Debabrata Deb Nath from R&D Company Secretaries served as the appointed Scrutinizer.

Voting Results and Outcomes

The e-voting process was conducted from March 20, 2026 at 9:00 A.M. to March 22, 2026 at 5:00 P.M., with additional voting facility available during the EGM. Both resolutions achieved the requisite majority with strong shareholder support.

QIP Fundraising Resolution Performance

The special resolution for raising funds up to ₹300 crore through Qualified Institutional Placement received overwhelming support across all shareholder categories, demonstrating strong confidence in the company's growth strategy.

MOA Amendment Resolution Results

The ordinary resolution for amending the capital clause of the Memorandum of Association achieved near-unanimous approval, reflecting strong shareholder alignment with the proposed structural changes.

Regulatory Compliance and Final Documentation

The corrected voting results and consolidated Scrutinizer's Report dated March 24, 2026, have been properly submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 44 of SEBI LODR Regulations. The complete documentation is available on the company's website, ensuring transparency and regulatory adherence throughout the process.