Emami promoters to hive off assets to reduce pledge

Promoters of FMCG major Emami Ltd have said they remain committed to bring down the pledged shares of their holding in the company to zero by hiving-off more group assets, including land parcels.While the promoters hold 53.8 per cent of stake in the FMCG major, 36 per cent of Emami Ltd stake is under pledge.
Read more...

;