Emami Promoters Release Pledged Shares Worth ₹996 Crore from Multiple Lenders
Two promoter entities of Emami Limited, Diwakar Finvest Private Limited and Suraj Finvest Private Limited, have released pledged shares from three financial institutions. Diwakar Finvest released 796,000 shares (0.18% stake) from Bajaj Finance and Aditya Birla Finance, while Suraj Finvest released 200,000 shares (0.05% stake) from IndusInd Bank. This move reduced Diwakar Finvest's encumbered holdings from 18.64% to 17.85% and Suraj Finvest's from 5.75% to 5.55%. Diwakar Finvest holds a 22.63% stake in Emami, while Suraj Finvest maintains a 24.20% stake.

*this image is generated using AI for illustrative purposes only.
Emami Limited , a prominent player in the Indian FMCG sector, has seen a significant development in its shareholding structure. Two of its promoter entities, Diwakar Finvest Private Limited and Suraj Finvest Private Limited, have released pledged shares from three financial institutions, marking a positive step in reducing their encumbered holdings.
Release of Pledged Shares
The following transactions took place:
Diwakar Finvest Private Limited released:
- 500,000 shares (0.11% stake) from Bajaj Finance Limited
- 296,000 shares (0.07% stake) from Aditya Birla Finance Ltd
Suraj Finvest Private Limited released:
- 200,000 shares (0.05% stake) from IndusInd Bank Limited
These releases were executed in accordance with agreements made with the respective lenders.
Impact on Shareholding
The release of pledged shares has resulted in a reduction of encumbered holdings for both promoter entities:
Promoter Entity | Previous Encumbered Shares | Current Encumbered Shares | Reduction |
---|---|---|---|
Diwakar Finvest | 18.64 | 17.85 | 0.79 |
Suraj Finvest | 5.75 | 5.55 | 0.20 |
Promoter Stake
As per the latest available data:
- Diwakar Finvest Private Limited holds a 22.63% stake in Emami Limited
- Suraj Finvest Private Limited maintains a 24.20% stake in the company
Significance of the Move
The release of pledged shares is often viewed positively by the market as it indicates improved financial flexibility for the promoters and potentially reduced risk for the company. This move by Emami's promoter entities could be seen as a step towards strengthening their position and demonstrating confidence in the company's prospects.
Regulatory Compliance
In compliance with regulatory requirements, Emami Limited has duly informed the stock exchanges about these transactions. The disclosure was made under Regulation 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
As Emami continues to navigate the competitive FMCG landscape, this development in its promoter shareholding structure will likely be of interest to investors and market analysts alike.
Historical Stock Returns for Emami
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.17% | +6.34% | +4.98% | +11.25% | -23.74% | +73.36% |