Acquisition

28th October, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, P. J. Tower, Dalal Street, Bandra (East), Mumbai- 400 051. Mumbai 400 001. Equity Scrip Code: EMKAY Equity Scrip Code: 532737 Debt Scrip Codes: 976528, 977388, 978127 Dear Sir/ Madam, Sub:- Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This has reference to our earlier intimations:  Dated 27th July, 2026, inter alia informing about the Board had evaluated and deliberated upon the new operational structure of the Company’s Wealth Management vertical by housing the same under a new company to be incorporated as a wholly owned subsidiary of the Company;  Dated 24th August, 2026, regarding incorporation of Emkay Capital Private Limited (“ECPL”), as a wholly owned subsidiary of the Company. In furtherance to the above intimations, we would like to inform you that Board of Directors of the Company at its meeting held on Wednesday, 28th October 2026 has, inter alia, considered and approved the following matters: A. Divestment of 100% Equity investment held in its wholly owned subsidiaries to ECPL: The Board has approved the transfer by the Company of its investment in Emkay Investment Managers Limited (“EIML”), comprising 100% stake being 90,00,000 equity shares held by the Company (along with its nominees), to ECPL, on the terms and conditions as set out in the Share Purchase Agreement (“SPA”). The Board has also approved the transfer by the Company of its investment in Emkay Wealth Advisory Limited (“EWAL”), comprising 100% stake being 41,00,000 equity Page 1 of 12 Administrative Office: Paragon Centre, C-06, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai - 400 013. Tel: +91 22 6629 9299 Fax: +91 22 6629 9105 Email: compliance@emkayglobal.com Registered Office: The Ruby,7th Floor, Senapati Bapat Marg, Dadar (West), Mumbai - 400 028. Tel: +91 22 6612 1212 Fax: +91 22 6612 1299 Website: www.emkayglobal.com CIN: L67120MH1995PLC084899 EMKAY GLOBAL FINANCIAL SERVICES LIMITED shares held by the Company (along with its nominees), to ECPL, on the terms and conditions as set out in the SPA. Pursuant to the aforesaid transfers, EIML and EWAL shall cease to be direct wholly owned subsidiaries of the Company, and shall become its step-down wholly owned subsidiaries through the newly incorporated company ECPL. B. Transfer of the Wealth Management Business to EWAL: i) The Board has approved to enter into a Business Transfer Agreement (“BTA”) with EWAL, for the carve-out and transfer of the Wealth Management Business of the Company, which includes the distribution business, referral business and other relevant business activities pertaining to wealth management (“Wealth Management Business”), on a going concern basis through a slump sale on such terms and conditions as detailed in the BTA. ii) The proposed slump sale is intended to be undertaken following completion of the transaction contemplated under the SPA, pursuant to which the relevant shareholding structure will change and EWAL will become a step-down wholly owned subsidiary of the Company. C. Investment in ECPL The Board has approved an investment in the Equity Shares of ECPL, of amount not exceeding Rs. 30 Crores by way of subscription to Rights Issue of Equity Shares of ECPL having face value of Rs. 10 each, at par, in one or more tranches. The proceeds shall be utilised for giving effect to the above-mentioned transactions and other business purposes, subject to compliance with applicable statutory and regulatory requirements. Being a wholly owned subsidiary, the said investment will not cause any change in the percentage shareholding of the Company in ECPL. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026, are provided in Annexure- A1 & A2, Annexure B and Annexure C. Page 2 of 12 Administrative Office: Paragon Centre, C-06, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai - 400 013. Tel: +91 22 6629 9299 Fax: +91 22 6629 9105 Email: compliance@emkayglobal.com Registered Office: The Ruby,7th Floor, Senapati Bapat Marg, Dadar (West), Mumbai - 400 028. Tel: +91 22 6612 1212 Fax: +91 22 6612 1299 Website: www.emkayglobal.com CIN: L67120MH1995PLC084899 EMKAY GLOBAL FINANCIAL SERVICES LIMITED This intimation is also available on the website of the Company at https://www.emkayglobal.com/ir-regulation-30-and-others. You are requested to kindly take the same on record. Thanking you. Yours faithfully, For Emkay Global Financial Services Limited Nishant Shirke Company Secretary and Compliance Officer Encl.: As Above Page 3 of 12 Administrative Office: Paragon Centre, C-06, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai - 400 013. Tel: +91 22 6629 9299 Fax: +91 22 6629 9105 Email: compliance@emkayglobal.com Registered Office: The Ruby,7th Floor, Senapati Bapat Marg, Dadar (West), Mumbai - 400 028. Tel: +91 22 6612 1212 Fax: +91 22 6612 1299 Website: www.emkayglobal.com CIN: L67120MH1995PLC084899 EMKAY GLOBAL FINANCIAL SERVICES LIMITED Annexure A-1 Acquisition (including agreement to acquire): Share Purchase Agreement entered into by the Company with Emkay Capital Private Limited (“ECPL”) for the transfer of shares of Emkay Investment Managers Limited (“EIML”) Sr. Details of Events that need Information of such events(s) No. to be provided a). The amount and percentage Income and Net Worth of EIML as per audited of the turnover or revenue or financial statements as on 31st March, 2026: income and net worth contributed by such unit or Particulars Amount (Rs. Percentage* division or undertaking or In Crores) subsidiary or associate Income** 28.7146 7.25% company of the listed entity Net Worth 21.5758 5.67% during the last financial year; *Note: Percentage has been calculated taking the consolidated numbers of the Company as a base. **Note: Income includes Revenue from operations and Other Income. b) date on which the agreement Share Purchase Agreement (‘SPA’) is expected to for sale has been entered into; be executed on or before 4th November, 2026. c) The expected date of Within 90 days, subject to regulatory approvals completion of sale/disposal; and procedural compliances wherever required. d) Consideration sale/disposal; Cash consideration of Rs. 21.375 Crores. e) Brief details of buyers and ECPL, the buyer, is a wholly owned subsidiary of whether any of the buyers the Company, incorporated under the belong to the promoter/ Companies Act, 2013 on 24th August, 2026, promoter group/group having its registered office at 7th Floor, The companies. If yes, details Ruby, Senapati Bapat Marg, Dadar (West), thereof; Mumbai, Maharashtra, 400028. Page 4 of 12 Administrative Office: Paragon Centre, C-06, Ground Floor, Pandurang Budhkar Marg, Worli, Mumbai - 400 013. Tel: +91 22 6629 9299 Fax: +91 22 6629 9105 Email: compliance@emkayglobal.com Registered Office: The Ruby,7th Floor, Senapati Bapat Marg, Dadar (West), Mumbai - 400 028. Tel: +91 22 6612 1212 Fax: +91 22 6612 1299 Website: www.emkayglobal.com CIN: L67120MH1995PLC084899 EMKAY GLOBAL FINANCIAL SERVICES LIMITED f) Whether the transaction Yes, the proposed transaction would fall within would fall within related related party transaction and is being done at party transactions? If yes, arm’s length. whether the same is done at “arm’s length”; g) whether the sale, lease or Not Applicable disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) additionally, in case of a Not Applicable slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. Page 5 of 12 Administrative Office: Paragon Centr [Showing first 8,000 characters — download PDF for full document]