NSEAction(s) taken or orders passed11 Sept 2026 · 11 Sept 2026, 06:11 pm

Action(s) taken or orders passed

Emami Realty Limited · EMAMIREAL

✦ AI Summary▼ NegativeRegulatory

Emami Realty Limited has received a penalty of Rs. 2,00,000/- from the Adjudicating Officer, Securities and Exchange Board of India, for alleged violations of Regulations 4(1)(a), (b), (c), (d) (e), (g), (h), (i), (j), 4(2)(e)(i), 33(1)(c), 34(3) read with clause B (2) of Schedule V and 48 of the SEBI LODR Regulations and Regulation 23(2) of the SEBI LODR Regulations.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment4/10

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Emami Realty Limited has informed the Exchange about Action(s) taken or orders passed

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EMAMIREAL_11092026181040_erlsebiorderintimation.pdf

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Ref: ERL/SECRETARIAL/2026-27/649 11th September, 2026 The General Manager The Secretary Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Phiroze S Jeejeebhoy Towers Bandra (E), Mumbai-400051 Dalal Street, Mumbai-400001 NSE Symbol: EMAMIREAL Scrip Code: 533218 Dear Sirs, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Company has received an Order passed by the Adjudicating Officer, Securities and Exchange Board of India, levying a penalty of Rs. 2,00,000/- for alleged violations of Regulations 4(1)(a), (b), (c), (d) (e), (g), (h), (i), (j), 4(2)(e)(i), 33(1)(c), 34(3) read with clause B (2) of Schedule V and 48 of the SEBI LODR Regulations and Regulation 23(2) of the SEBI LODR Regulations. Information as required under Regulation 30 of the SEBI Listing Regulations, 2015 read with Schedule III, as amended is enclosed as Annexure A. This information will also be hosted on Company’s website, at www.emamirealty.com Thanking you Yours faithfully, For Emami Realty Limited Payel Agarwal Company Secretary ACS 22418 Annexure A Sr. Particulars Details 1. Name of the Authority The Adjudicating Officer, Securities and Exchange Board of India 2. Nature and details of the action(s) SEBI has issued an Adjudication Order No. taken or order(s) passed Order/JS/RJ/2026-27/32718 dated September 11, 2026 (“Order”), under Section 15- I of the SEBI Act, 1992, read with Rule 5 of SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995 against Emami Realty Limited (the “Company”), imposing a penalty of Rs. 2,00,000/- on the Company for alleged violations of Regulations 4(1)(a), (b), (c), (d) (e), (g), (h), (i), (j), 4(2)(e)(i), 33(1)(c), 34(3) read with clause B (2) of Schedule V and 48 of the SEBI LODR Regulations and Regulation 23(2) of the SEBI LODR Regulations 3. Date of receipt of direction or order, including any ad-interim or interim 11th September, 2026 orders, or any other communication from the authority 4. Details of the violation(s) / SEBI has observed the following violations by the contravention(s) committed or Company: alleged to be committed 1. Regulations 4(1)(a), (b), (c), (d) (e), (g), (h), (i), (j), 4(2)(e)(i), 33(1)(c), 34(3) read with clause B (2) of Schedule V and 48 of the SEBI LODR Regulations by classifying investments in equity shares of subsidiaries and convertible debentures of PUPL as inventories in its standalone financial statements for FY22 and FY23 2. Regulation 23(2) of the SEBI LODR Regulations for failing to obtain prior audit committee approval for the related party transaction with Lohitka Properties LLP undertaken in the period between July 22, 2016 to August 10, 2016 5. Impact on financial, operation or Except for the payment of the penalty amount of Rs. other activities of the listed entity, 2,00,000/-, there is no material impact on financials, quantifiable in monetary terms to operations, or other activities of the Company pursuant to the extent possible the said order