Shareholders Approve ₹750 Crore Material Related Party Transactions

Shareholders Approve Debt Restructuring and Project Acquisition

Emami Realty Limited shareholders approved two material related party transactions through postal ballot on March 27, 2026, with 99.82% support. The approval came with 83 members participating in the remote e-voting process.

NCD Coupon Rate Increase

The first resolution modified ₹700,00,00,028 worth of NCDs by increasing coupon rate from 7.50% to 10% per annum. The modification affected 8,53,65,854 Non-Convertible Debentures (NCDs) with a face value of ₹82 each, reflecting current market conditions and providing enhanced returns to debenture holders.

The resolution grants the Board of Directors authority to determine the effective date for the revised coupon rate implementation and provides flexibility to modify terms and conditions during the NCD tenure, subject to regulatory compliance and debenture holder approvals where required.

Project Acquisition Partnership

The second resolution approved acquisition partnership with Orbit Abasan Private Limited up to ₹50,00,00,000. The transaction involves the acquisition of project undertaking with Orbit Abasan Private Limited, where the company's MD & CEO serves as a director, expanding Emami Realty's project portfolio and business operations.

Process and Compliance

The company's Board of Directors initiated the postal ballot process on February 23, 2026, with the voting period commencing on February 26, 2026, at 10:00 AM and concluding on March 27, 2026, at 5:00 PM. Central Depository Services Limited (CDSL) provided the e-voting platform, while Mr. Raj Kumar Banthia of MKB & Associates served as the scrutinizer.

The company followed all regulatory requirements under the Companies Act, 2013, SEBI Listing Regulations, and applicable MCA circulars, ensuring transparent and compliant shareholder consultation.

About Emami Realty

Emami Realty, the real estate arm of Emami Group was incorporated in 2006, as a private limited company, and was amalgamated in July 2016 with Emami Infrastructure Ltd., a company listed with NSE & BSE. The company has a pan India presence with over 3.6 crore Sq. Ft development at different stages of planning, construction and delivery across West Bengal, Uttar Pradesh, Tamil Nadu, Andhra Pradesh, Orissa, Maharashtra and Sri Lanka.