EMS Limited Releases Pledge on Promoter’s Shares
EMS Limited announced on March 17, 2026, the release of a pledge on shares held by Promoter Mr. Ramveer Singh. The move follows the repayment of a 10.00 Crore loan from Cholamandalam Investment and Finance Company Limited.According to a regulatory filing, Mr. Singh released a pledge on 1,080,000 shares. Prior to the release, Mr. Singh held 3,76,75,882 shares, representing 67.85% of the total share capital. Following the release, his encumbered shareholding now stands at 1,24,09,100 shares, constituting 22.35% of the total share capital.
The table below details the changes:
| Name of Promoter | Promoter Holding (Number) | Promoter Holding (% of total share capital) | Promoter Holding Already Encumbered (Number) | Promoter Holding Already Encumbered (% of total share capital) | Post Event Holding of Encumbered Shares (Number) | Post Event Holding of Encumbered Shares (% of total share capital) |
|---|---|---|---|---|---|---|
| Ramveer Singh | 3,76,75,882 | 67.85% | 1,34,89,100 | 24.29% | 1,24,09,100 | 22.35% |
The release was made on March 17, 2026, and concerned shares previously pledged to Cholamandalam Investment and Finance Company Limited as collateral for a loan.
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