Emami Ltd — Major Shareholding Notification 2019

Nov 13, 2019

Diwakar Viniyog Private Limited

CIN: U24246WB1984PTC037090

Regd. Office: 687, Anandapur, E. M. Bypass, 2nd Floor Kolkata - 700 107 Phone: 6613 6264 E-mail: panemamics @emamigroup.com

Date: 11th November, 2019

The Secretary The National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, G. Block Bandra Kurla Complex, Bandra (E) Mumbai: 400051

The Secretary The Calcutta Stock Exchange Limited 7, Lyons Range Kolkata: 700001

The Secretary BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai: 400001

The Company Secretary Emami Limited 687 Anandapur EM Bypass Ruby Kolkata-700 107

Sub: Revised Disclosure of reason for encumbrance

Pursuant to the SEBI Circular no. SEBI/HO/CFO/DCRI/CIR/P/2019/90 dated August 07, 2019 and the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. 2011, we have enclosed herewith the revised disclosures of reasons for encumbrance by the promoters and promoter group in respect of shares of Emami Limited for pledge of additional shares in respect of the existing loans to meet top up requirements.

Please note that all the information given in the original disclosures dated 14.10.2019 remain the same except amount involved against which additional shares have been encumbered is changed.

The same may please be taken on record and suitably disseminated to all concerned

Thanking you, Yours faithfully, For and on behalf of promoter and promoter group of Emami Limited For Diwakar Viniyog Private Limited

Authorised Signatory

Annexure - II

Name of listed company	EMAMI LIMITED
Name of the recognised stock exchanges where the shares of the company are listed	The National Stock Exchange of India Ltd. BSE Limited The Calcutta Stock Exchange Limited
Name of the promoter(s) / PACs whose shares have been encumbered	Diwakar Viniyog Private Limited Suntrack Commerce Private Limited
Total promoter shareholding in the listed company	No. of shares - 239309412 % of total share capital - 52.72%
Encumbered shares as a % of promoter shareholding	67.43%
Whether encumbered share is 50% or more of promoter shareholding	YES
Whether encumbered share is 20% or more of total share capital	YES

Raybus

Signature of Authorised Signatory:

Place: Kolkata
Date: 11/11/2019

DETAILS OF ALL EXISTING EVENTS / AGREMENTS PERTAINING TO ENCUMBRANCES											End use of Money
(Date of creation of encumbrance:	Encumbrance 1 Type of encumbrance (pledge, lien, negative lien, non-disposal undertaking etc. or any other covenant, transaction, condition $\Omega$ arrangement in the nature of encumbrance)	No. and % of shares encumbered No. of Shares: % of total share capital :		Name of the entity in whose favour shares encumbered (X) the the entity. (YES/NO)	Whether the entity X is a scheduled commercial bank, public financial institution, NBFC or housing finance company? If No. provide 1)	Specific details Names of all other entities in the agreement Listed company and its group companies (if any) nature of the business of Other entities (if any)	Whether the encumbrance is relating to any debt instruments viz. debenture, commercial paper, certificate of deposit etc.? If yes, provide details a bout the instrument, including credit rating (YES/NO) If yes. . Name of the issuer . Details of th clebt instrument . Whether the debt instrument is listed on stock exchanges? 4. Credit rating of the debt instrument . ISIN of the instrument	Value of shares on the date of event / agreement (A) (Rupees in Crores)	Amount involved (against which shares have been encumbered) (B) (Rupees in Crores)	Ratio of A/B	Borrowed amount to be utilized for what $purpose -$ (a) Personal use by promoters and PACs (b) For the benefit of listed company Provide details in cluding amount, purpose of raising money by listed company, schedule for utilization of amount, repayment schedule etc. (a) Any other reason (please specify)	Remarks
		No of shares	%age of toal sa hre cpa ital
10.10.2019	Pledge	932000	0.2053	Kotak Mahindra Invetment Ltd.	Yes, NBFC	Emami Realty Limited (Borrower) & Diwakar Viniyog Pvt. Ltd. (Pledgor)	No	27.97	14.20	1.97	Term loan for promoters' contribution in Emami Realty Projects
10.10.2019	Pledge	125000	0.0275	Standard Chartered Investments and loans (India) Ltd.	Yes, NBFC	Emami Realty Limited (Borrower) & Diwakar Viniyog Pvt. Ltd. (Pledgor)	No	3.75	1.72	2.18	Term loan refinancing of existing debts of M/s. Emami Cements Limited	Additional shares for existing loans
10.10.2019	Pledge	100000	0.0220	Standard Chartered Investments and loans (India) Ltd.	Yes, NBFC	Emami Cement Limited (Borrower) & Suntrack Commerce Pvt. Ltd. (Pledgor)	No	3.00	1.46	2.06	Term loan for refinancing of existing debts of M/s. Emami Cements Limited

For DIWAKAR VINIYO BRIVATE LIMITED

$\sim$

Director / Authorised Signatory

$\sigma$