Emami News

With reference to our letter dated 29th May, 2024 intimating the reappointment of Smt. Priti A. Sureka, as a Whole-Time Director by the Board, we wish to inform you that at the 41st AGM held on 27th August, 2024, the shareholders of the company have approved the re-appointment.

In compliance with Regulation 44(3) of SEBI (LODR) Regulations, 2015, we are enclosing herewith the voting results along with Scrutinizer''s report for the 41st AGM of the Company held on 27th August, 2024.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 28, 2024 for Diwakar Finvest Pvt Ltd

Emami aims for double-digit growth this fiscal year, focusing on expanding into new product categories through strategic acquisitions and inorganic opportunities. Chairman R.S. Goenka highlighted optimism due to favorable economic conditions and anticipated market recovery. Emami's recent acquisitions and direct-to-consumer initiatives are driving revenue growth and enhancing its market presence.

Emami Ltd chief executive NH Bhansali shared that the company faced challenges in Bangladesh due to geopolitical tensions but remains optimistic for future stability. Founder R.S. Goenka noted growth in international markets despite currency depreciation. Emami adapted to subdued rural market demand by expanding its consumer base and increasing revenue from non-seasonal brands. The company reported a 36.4% increase in net profit in the first quarter of June 2024.

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, find enclosed the Chairman''s speech along with presentation displayed at the 41st AGM held on 27th August, 2024

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed the summary of the proceedings of the 41st AGM of the shareholders of Emami Limited held on 27th August, 2024.

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed the summary of the proceedings of the 41st Annual General Meeting (AGM) of the shareholders of Emami Limited held on 27th August, 2024, through Video Conferencing & Other Audio Visual Means (VC/ OAVM).

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 26, 2024 for Diwakar Finvest Pvt Ltd

Emami Limited has subscribed 4348 compulsorily convertible preference shares (CCPS) of its associate company, "Cannis Lupus Services India Private Limited".

Intimation of loss of share certificate under Regulation 39(3) of SEBI (LODR) Regulations, 2015.

Quick commerce platforms like Blinkit and Instamart have begun to overshadow India's traditional kirana stores, known for their community-driven approach. Offering faster deliveries and discounts, these platforms are becoming popular among urban consumers. To stay competitive, kirana stores need to embrace digitalization, as rapid changes in consumer preferences continue to reshape the market.

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for IDBI Trusteeship Services Ltd

Emami Limited has informed the exchange about copy of "Business Standard (English Version) and "Aajkal" (Bengali Version), dated 20th August, 2024

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 19, 2024 for Suraj Finvest Pvt Ltd

Hindustan Aeronautics (HAL) and other companies including Symphony and Pfizer set August 21 as the record date for dividends. HAL declared a Rs 13 per share dividend. Today is the last day to purchase shares to be eligible. Several other firms will start trading on an ex-dividend basis from Wednesday.

FMCG firms reported rural demand resurgence and strong e-commerce growth, especially through quick commerce, in the June quarter. Companies like HUL, ITC, and Dabur, despite high food inflation, are optimistic about future growth due to favorable monsoons and government policies boosting the rural economy. Traditional urban channels showed some slowdown.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 16, 2024 for Diwakar Finvest Pvt Ltd

Investors recently leaned towards FMCG and consumption-related stocks due to global instability. Analysts noted the sector's appeal amid high valuations elsewhere, although limited short-term gains are expected. Stocks such as Godrej Consumer and Dabur are predicted to deliver moderate returns, with long-term holding recommended for current investors.

Corrigendum to the Notice of the 41st Annual General Meeting of Shareholders scheduled to be held on Tuesday, 27th August, 2024 at 11:30 A. M. (IST) through Video Conferencing and Other Audio Visual Means (OAVM)

Pursuant to Regulation 30 (6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company''s management team will be participating in "Motilal Oswal 20th Annual Global Investor Conference, 2024" on 21st August, 2024 to be held in Mumbai.

This is to inform you that consequent to the conversion of Compulsorily Convertible Preference Shares (CCPS) of Cannis Lupus Services India Pvt. Ltd., held by the Company into equity shares, company''s holding in the said capital has increased from 30% to 47.43% of the equity share capital of Cannis Lupus Services India Pvt. Ltd.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 08, 2024 for Diwakar Finvest Pvt Ltd

Intimation of Nuvama India Conference 2024 - Investors Meet scheduled for 12-13th August in Singapore and for 14th August in Hong Kong

Consumers purchased almost 75 lakh units of air-conditioners this summer in the four-month period between March to June, as per latest numbers from market researcher GfK India. Industry executives said this is more than the total number of units sold in the entire calendar 2022, over three-fourth of last year’s total sales and double of 2023 summer.

Please find enclosed copy of ''Business Standard" (English) and "Aajkal" (Bengali), in which Notice and information regarding dispatch of Integrated Annual Report 2023-24 and e-voting facility for the AGM scheduled to be held on Tuesday, 27th August, 2024 have been published.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 06, 2024 for Diwakar Finvest Pvt Ltd

Indian consumer goods companies have operated in Bangladesh, Sri Lanka, and Nepal for years, generally facing little impact from local instability. Marico's stock dipped nearly 6% due to its substantial earnings from Bangladesh, where its subsidiary accounts for a significant portion of its overseas revenue. Other FMCG companies saw lesser impacts.

Indian consumer goods companies have paused their operations in Bangladesh following violent protests that led Prime Minister Sheikh Hasina to flee. Major companies like Coca-Cola and Marico are prioritizing employee safety and suspending sales until normalcy returns. These operations in Bangladesh provide a small but crucial part of their revenue.

Emami Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 32726.59 Crore) operating in FMCG sector.

Unicommerce eSolutions aimed to raise ₹277 crore through an IPO, reducing the promoter's stake to 23.6%. The company saw significant growth in transactions and enterprise clients from FY22 to FY24. With a rich valuation, the IPO seems best suited for investors with a high-risk appetite despite notable financial progress.

Please find enclosed the transcript of Investor''s conference call held on 1st August, 2024, post declaration of unaudited financial results (standalone & consolidated) for the first quarter ended 30th June, 2024

Emami is graduating from being a seasonal and rural-focused company to a "perennial and universal" organisation and has been positioning itself by taking a consumer-centric approach, said vice- chairman and managing director Harsha V Agarwal.

In terms of Regulation 30 & 47 of SEBI (LODR) Regulations, 2015, we are enclosing copies of newspaper advertisements published in the "Business Standard" (English) and "Aajkal" (Bengali) on 2nd August, 2024, intimating that the 41st Annual General Meeting of the company will be held on Tuesday, 27th August, 2024 at 11:30 A. M., (IST) through VC/ OAVM facility.

Pursuant to Regulation 34(2)(f) of the SEBI (LODR) Regulations, 2015, we are submitting Business Responsibility and Sustainability Report (BRSR) for the financial year 2023-24, which forms part of Integrated Annual Report for the Financial Year 2023-24.

Pursuant to the provisions of Regulation 30 of the SEBI (LODR) Regulations, 2015, we are attaching clippings of the newspaper publication in "Business Standard" (English version) and "Aajkal" (Bengali version) dated 2nd August, 2024, in which Unaudited Financial Results of the company for the first quarter ended 30th June, 2024 is published.

This is to inform you that the 41st Annual General Meeting (AGM) of the company will be held on Tuesday, August 27, 2024, at 11: 30 A. M., (IST) through Video Conferencing (VC)/ Other Audio Visual Means (OAVM).

Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Integrated Annual Report 2023-24 of the Company along with Notice of 41st Annual General Meeting of the Company scheduled to be held on Tuesday, August 27, 2024 at 11:30 A. M., (IST), through Video Conferencing (VC)/ Other Audio Visual Means (OAVM).

Please find attached link for Audio recording of Investor''s conference call organized on 1st August, 2024, post declaration of financial results for first quarter ended 30th June, 2024.

Homegrown fast-moving consumer goods (FMCG) company Emami Ltd on Thursday reported a 36.4% jump in standalone net profit at Rs 176 crore in the first quarter ending June 2024 as compared to the same period last year when it had clocked Rs 129 crore.