73,00,000 shares extinguished after open-market buyback; paid-up capital now 42,92,00,000 shares
73,00,000 fully paid-up equity shares (face value Re. 1/-) bought back from the open market and extinguished.
By ScoutQuest · · 2 min read
- Shares extinguished
- 73,00,000 fully paid-up equity shares (face value Re. 1/-)
- Buyback period
- September 22, 2026 to October 9, 2026; extinguishment dated October 12, 2026
- Paid-up share capital
- 43,65,00,000 → 42,92,00,000 shares
Extinguishment of shares bought back
Emami Limited has extinguished 73,00,000 (Seventy Three Lakhs) fully paid-up equity shares of face value Re. 1/- each. These shares were bought back from the open market through the stock exchanges during the period from September 22, 2026 to October 9, 2026, under the company's ongoing buyback announced through a Public Announcement dated September 18, 2026. Extinguishment means these shares cease to exist. They are not kept by the company to be sold or reissued later; the share capital is permanently reduced by that number of shares.
Share capital before and after
- Paid-up equity share capital prior to buyback: 43,65,00,000 shares (Rs. 43,65,00,000)
- Equity shares being extinguished: 73,00,000 shares (Rs. 73,00,000)
- Paid-up equity share capital post extinguishment: 42,92,00,000 shares (Rs. 42,92,00,000)
The face value of each share is Re. 1/-, which is why the number of shares and the rupee value of the share capital are the same in the table.
What a smaller share count means
When shares are extinguished, the total number of shares in issue falls. Each remaining share then represents a slightly larger slice of the company's equity than before. A shareholder who did not offer shares in the buyback still holds the same number of shares; what changes is the total base against which the company's profits and the holdings of all shareholders are measured.
Confirmation and certification
National Securities Depository Limited has recorded a debit of 7,300,000.000 equity shares in dematerialised form on 12/Oct/2026. A certificate of extinguishment covering the same 73,00,000 shares has been issued by the secretarial auditor, M/s. MKB & Associates, and the company has also enclosed a debit confirmation from National Securities Depository Limited.
Other details in the update
- The shares were bought back between September 22, 2026 and October 9, 2026.
- The extinguishment was carried out on October 12, 2026.
- The number of shares bought back in that period and the number of shares extinguished are equal.
- The buyback was through the open market route via the stock exchanges, and the demat account used for it is held with IIFL Capital Services Limited.
Points a retail investor may note
- This is a step in an already announced buyback, and it records shares that have already been bought back and then cancelled.
- The disclosure changes the company's issued share capital rather than bringing in or taking out fresh money at this stage.
- The before-and-after share count given in the update is the base used for per-share calculations such as earnings per share.
Also from Emami
Board to meet on 5 November 2026 to consider interim dividend for FY 2026-27 and Q2 results
24 Oct 2026
Board meeting on 5 November 2026 to consider Q2/H1 results and interim dividend
24 Oct 2026
Buyback closure: 73,00,000 shares bought back at average ₹ 385.26, 99.73% of maximum buyback size
9 Oct 2026
More numbers
- Equity shares extinguished (bought back)73,00,000
- Paid-up equity share capital prior to buyback43,65,00,000
- Paid-up equity share capital post extinguishment42,92,00,000
- Face value per equity shareRe. 1/-
- Shares debited in NSDL system (buyback, open market)7,300,000.000
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