Emami Ltd — Capital/Financing Update 2022

Mar 21, 2022

March 21, 2022

To,	To,
BSE Limited	Manager - Corporate The Compliance
25th Floor, P .J. Towers, Street, Dalal	Exchange National Stock of India Limited
Mumbai-400 00 I	Kurla Complex, Exchange Plaza, Bandra
	(East) Bandra
	Mumbai- 400 051
Scrip Code: 531162	NSE Svmbol: EMAMIL TD

Dear Sir I Madam,

Subject: Intimation of completion of Buyback by Emami Limited ("Company") of the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 2018 in relation to the buyback in terms of Securities and Exchange Board of India (Buy -Back of Securities) Regulations 2018, as amended ("Buyback Regulations"), through open market route using stock exchange mechanism ("Buyback").

This is in furtherance to, (i) our letter dated Thursday, February 3, 2022 informing the outcome of the meeting of the Board of Directors of the Company ("Board") approving the Buyback; and (ii) our letter dated Monday, February 7, 2022 regarding submission of the public announcement dated Saturday, February 5, 2022 and published on Monday, February 7, 2022 for the Buyback ("Public Announcement").

The Board of Directors of the Company (the "Board" which expression shall be deemed to include any committee constituted by the Board and/or officials, which the Board may constitute/authorise to exercise its powers, including the powers conferred by the board resolution), at its meeting held on Thursday, February 3, 2022 ("Board Meeting"), approved the buyback of fully paid-up equity shares of the face value of n/- (Indian Rupee One Only) ("Equity Shares") of the Company, each from its shareholders/beneficial owners (other than those who are promoters, members of the promoter group or persons in control), from the open market through stock exchange mechanism for an aggregate amount not exceeding ?16,200.00 lacs (Rupees Sixteen Thousand Two Hundred Lacs Only) ("Maximum Buyback Size"), and at ^a price not exceeding ?550/- (Indian Rupees Five Hundred Fifty Only) per Equity Share ("Maximum Buyback Price"), payable in cash (the process being referred hereinafter as "Buyback"). The Maximum Buyback Size and Maximum Buyback Price do not include buyback tax, filing fees, advisory fees, intermediaries fees, public announcement publication expenses, stock exchange fee for usage of their platform for Buyback, brokerage, costs, fees, turnover charges, taxes such as securities transaction tax, goods and service tax (if any) and income tax, stamp duty and other incidental and related expenses (collectively referred to as "Transaction Costs").

The Company bought back ^a total of 33,63,740 (Thirty Three Lacs Sixty Three Thousand Seven Hundred Forty Only) (0.76% of the pre-buyback paid-up equity share capital of the Company), and the total amount invested is ?16,121.45 lacs (Rupees Sixteen Thousand One Hundred Twenty One Lacs Forty Five Thousand Only) (excluding Transaction Costs), which represents 99.52% of the Maximum Buyback Size. The price at which the Equity Shares were bought back was dependent on the price quoted on BSE Limited and National Stock Exchange of India Limited, together referred to as "Stock Exchanges". The highest price at which the Equity Shares were bought back was z500.00 per Equity Share while the lowest price was z453 .38 per Equity Share. The Equity Shares were bought back at an average price of z4 79 .27 per Equity Share. These prices are based on contract notes issued by the Company's broker (IIFL Securities Limited) and exclude Transaction Costs. The total amount utilized in the Buyback is z 16,121.45 lacs (excluding Transaction Costs), which represents 99 .52% of the Maximum Buyback Size of ^z 16,200.00 lacs (excluding Transaction Costs).

Consequently, the Buyback Conunittee has approved the closure of the Buyback pursuant to the terms of the Public Announcement, effective from close of business hours of today, i.e. March 21, 2022, prior to the expiry of six months from the Commencement Date.

Post closure of the Buyback, the post offer public announcement will be released in accordance with the provisions of the Buyback Regulations. For final numbers of Equity Shares bought back pursuant to the Buyback, average price at which such Equity Shares were bought back and other details relating to the Buyback, please refer to the post-Buyback public advertisement that shall be published in compliance with the Buyback Regulations.

The Pre Buyback and Post Buy-back summarized shareholding pattern of the Company is attached herewith as Annexure. Kindly take this disclosure on record and disseminate this information to the public.

This is for your information and records and be treated as compliance under Regulation ³⁰ read with Pait A of Schedule III, and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended.

Request you to take note of the same.

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Name: A. K. Joshi ?- Designation: Company Secretary & VP- Legal Email ID:akjoshi@emamigroup.com Contact No.: 033 66136611

Sr. No.	Category of Shareholders	Buyback Pre (As mentioned	in PA)	Buyback (As on Post 21, 2022) March
		of Equity No. Shares held	% the to existing equity share capital	of Equity No. Shares held*	% of the post Buyback equity share capital*
A.	Promoter and Promoter Group	23,93,93,412	53.86%	23,93,93,412	54.27%
B.	Public Shareholders	20,51,20,328	46.14%	20, 17 ,56,588	45.73%
	GRAND TOT AL= (A+ B)	44,45,13,740	100.00%	44,11,50,000	100.00%

Annexure Pre -	& Post	Buyback	Shareholding	Pattern	of the Company
----------------------	--------	---------	--------------	---------	-------------------	--

* The Company is in the process of extinguishing the balance Equity Shares out of the total of 11, 05, 5 66 Equity Shares bought back. The Post Buyback shareholding pattern is provided assuming extinguishment of all Equity Shares bought back by the Company.

For Emami Limited ?

__.-, Company Secretary & VP-Legal