EMS Limited has made a regulatory disclosure regarding the release of pledged shares by its promoter, Mr. Ramveer Singh. The disclosure is made in compliance with Regulation 31(1) & 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and referenced SEBI circulars dated March 07, 2022 (SEBI/HO/CFD/DCR-3/P/CIR/2022/27) and August 07, 2019 (SEBI/HO/CFD/DCR1/CIR/P/2019/90).
Key Details of Pledge Release:
- Promoter: Mr. Ramveer Singh
- Event Type: Release of encumbrance (pledge)
- Date of Release: August 19, 2026
- Number of Shares Released: 4,30,000 equity shares
- Percentage of Total Share Capital: 0.77%
- Reason for Release: Repayment of loan of ₹8.9 Crores taken earlier from Tata Capital Limited
- Entity in Favor of Whom Shares Were Encumbered: Tata Capital Limited
Promoter Holding Details:
- Total Promoter Holding: 3,76,75,882 shares (67.85% of total share capital)
- Pre-Release Encumbered Holding: 84,94,100 shares (15.29% of total share capital)
- Post-Release Encumbered Holding: 80,64,100 shares (14.52% of total share capital)
The disclosure was signed by Ashish Tomar, Managing Director & CFO (DIN: 03170943) on behalf of EMS Limited. The company confirmed that the release was on account of complete repayment of the loan obligation to Tata Capital Limited.