Emerald Leisures Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Emerald Leisures' promoter, Jaydeep Vinod Mehta, has created a pledge on 3.83 Cr equity shares, representing 25.50% of the company's total share capital. These shares were pledged in favor of a Debenture Trustee as security for Secured Unlisted Non-Convertible Debentures issued by the company. Mehta's total holding in Emerald Leisures is 4.67 Cr equity shares, or 31.13% of the company's capital. This move indicates a financing activity by the company, utilizing promoter shares as collateral.