Key Event and Quantitative Figures

On 13th July 2026, the Management Committee of Emkay Global Financial Services Limited approved the allotment of 50,000 equity shares of face value ₹10 each to Mr. Prakash Kacholia, a Promoter of the company. This allotment was made pursuant to the conversion of 50,000 warrants into equity shares upon payment of the balance subscription amount of ₹179.625 per warrant, which represents 75% of the Total Consideration Amount.

The total consideration received for this conversion was ₹89,81,250 (Eighty-Nine Lakh Eighty-One Thousand Two Hundred and Fifty Rupees). The issue price/allotted price for these equity shares is ₹239.50 per share.

Capital Structure Impact

As a result of this allotment, the issued, subscribed, and paid-up capital of the company has increased from ₹27,33,01,310 (divided into 2,73,30,131 equity shares of ₹10 each) to ₹27,38,01,310 (divided into 2,73,80,131 equity shares of ₹10 each).

The newly allotted equity shares will rank pari-passu in all respects with the existing equity shares of the company, including entitlement to dividends.

Historical Context and Cumulative Allotments

This transaction references an earlier intimation dated 24th October 2025, wherein the company had allotted 95,00,000 convertible warrants to three allottees by way of a preferential allotment upon receipt of 25% of the Total Consideration Amount (₹227.525 crore).

The disclosure provides a cumulative summary of equity share allotments made to date upon receipt of 75% of the total consideration amount:

  • Mr. Krishna Kumar Karwa (Promoter): 12,50,000 shares allotted in multiple tranches between 12th December 2025 and 12th May 2026
  • Mr. Prakash Kacholia (Promoter): 3,50,000 shares allotted in multiple tranches between 30th April 2026 and 13th July 2026

Ownership Change

Post-allotment, Mr. Prakash Kacholia's shareholding has increased from 50,50,000 shares (18.48% of shareholding) to 51,00,000 shares (18.63% of shareholding).

Regulatory and Procedural Details

The Management Committee meeting was held on 13th July 2026, commencing at 11:30 AM IST and concluding at 12:00 PM IST.

The disclosure makes reference to SEBI Master Circular No. HO/49/14/14(7)/2025-CFD-Pod2/l/3762/2026 dated 30th January 2026, as amended from time to time.