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EMAMI PROMOTERS
Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...- Emami's desi portfolio puts up a fight as summer sales melt amid West Asia tensionsEmami's Q4FY26 results showed resilience in its core domestic business, which grew 11% excluding the summer portfolio. However, unfavorable...
- Zee Entertainment sues Nykaa for using its songs in Instagram reels without licenceZee Entertainment has sued Nykaa's parent company, FSN E-Commerce Ventures, for using its songs in Instagram promotions without permission....
- Emami may seal AMRI sale to Manipal Group this monthEmami vice chairman and wholetime director Mohan Goenka told analysts on the company's first quarter earnings call that the company was "ve...
- Emami Group expects to conclude sale of AMRI Hospitals this monthAbout Rs 1,650 crore of the proceeds of the deal will be utilised for servicing the existing debt of AMRI Hospitals which will make the bus...
- Emami promoters eye sale of realty, hospital assetsThe promoters — Agarwal and Goenka families — own 54.27% in the company. About 32% of the promoter shareholding is currently pledged. Emami...
- Manipal Health Enterprises closes in on AMRI buyAMRI runs four multi-speciality hospitals - 3 in Kolkata and one in Bhubaneswar - with more than 1,150 beds. Emami Group will continue to o...
- Emami promoters to hive off assets to reduce pledgeWhile the promoters hold 53.8 per cent of stake in the FMCG major, 36 per cent of Emami Ltd stake is under pledge.
- Emami on track to reduce promoter pledge to zero by next March: DirectorEmami is going to enter the home hygiene segment and boost presence in immunity products.
- Promoters will bring down pledge in Emami Ltd by March 2021: Mohan GoenkaHe said the promoters would require Rs 500-600 crore in addition to the money coming from the just signed Rs 5,500 crore deal with Nuvoco V...
- Emami promoters to raise Rs 1500 crore to cut pledgeThe entire NCD transaction will be completed in phases over the next two month, the executives said.
- Emami plans to pare Rs 2,600 cr debt at group level in 9 monthsThe promoters have been looking at various options, ranging from divestment to taking the business to the public, to monetise assets.
- Emami's stake dilution to gain investor's confidence: Promoter"This round of 10 per cent divestment was not desired and not planned. We decided to sell our stake to infuse confidence among the investor...
- Promoters offload 10% more in EmamiEmami shares plunged nearly 7.6 per cent to close at a five-year low of Rs 267.30 on Monday.
- Emami promoters sell 10% stake for Rs 1,230 crore to pare debt; stock plunges 8%Emami tanked after the block deal on Monday and closed at 7.59 per cent lower at Rs 267.30.
- Emami promoters use stake sale proceeds to pare share pledgesPromoters had borrowed from mutual funds keeping shares as collateral.
- Emami shares jump 15% on move to pare debtEmami Group promoters on Monday sold 10 per cent stake in the FMCG flagship Emami in a block deal to raise Rs 1,600 crore.
- Emami promoters sell 10% stake for Rs 1,600 croreThe proceeds from the transaction will help to reduce promoter debt.
- The bond that keeps promoters of Emami togetherNo one is sure today, how the brand name Emami was found. “In Italian, amami, means ‘love me’,” says Goenka, hinting that the brand found i...
- Emami enters into agreement with Zandu promotersEmami, a leading personal healthcare company in the process of acquiring Zandu Pharma has reached an agreement with the promoter family of ...
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