Emami Realty Limited — QIP/Rights/Pref., 16-04-2025: Allotment of Securities

The Finance Committee of Emami Realty Limited has approved the allotment of 59,90,000 fully paid-up equity shares at an issue price of ₹128.50 per share, converting an unsecured loan totaling ₹76.97 Cr from two promoter group entities: Suraj Finvest Private Limited and Diwakar Finvest Private Limited. Additionally, 82,00,000 convertible warrants were allotted at the same issue price, converting an unsecured loan of ₹26.34 Cr, with each warrant allowing the subscription to one equity share. This will increase the company’s paid-up capital from ₹7.57 Cr to ₹8.77 Cr.