Hi @Ayaz,
In the eMIOS mode configuration you posted here, the period is given by the MCB_UP_COUNTER period, not by the OPWMB channel.
The equation is then:
CORE_CLK / Global_EMIOs_prescaler / MCB_Prescaler / MCB_A_register
Master Bus Alternative Prescaler of the MCB can be set using this API:
Emios_Mcl_Ip_SetClockMode()
Clock prescaler Alternate is applicable in these two modes only:

Regarding the max. eMIOS freq.
The eMIOS is clocked by the CORE_CLK.
If you are asking about the max. PWM frequency that the eMIOS can generate, then the limitations are given by the IO slew rate rather than the eMIOS .
All the eMIOS clock dividers can be bypassed, and if the period is set to just a few eMIOS counter ticks, we can get PWM freq. in tens of MHz.
DS, Table 25. GPIO DC electrical specifications, 5.0V (4.5V - 5.5V).

Regards,
Daniel