Emkay Global Financial Services Limited has informed the Exchange regarding Appointment of Mr Nikhil Sharma as Chief Information and Security Officer of the company w.e.f. September 08, 2026.
Emkay Global incorporated Emkay Capital Private Limited as a wholly-owned subsidiary for Rs 10 lakh. This new investment company will house the group's investments, enhancing operational focus and strategic flexibility.
Emkay Global allotted 50,000 equity shares to promoter Mr. Prakash Kacholia at Rs. 239.50 each upon warrant conversion. This increased his stake from 18.82% to 18.97%, bringing in Rs 0.90 Cr for the company.
EMKAY Global's Board approved raising up to ₹50 Crore via private placement of Rated, Unsecured Non-Convertible Debentures (NCDs). These debentures offer 11.50% annual interest, payable half-yearly, with a 3-year tenure and a company call option.