Embassy Developments Ltd

Embassy Developments Limited trading window closed from October 1, 2026 till 48 hours after the declaration of the unaudited financial results of the Company for the quarter and half year ending September 30, 2026

Meeting Details

• Date and time: 28 September 2026, 02:00 PM onwards
• Type and mode: Group investor meetings; virtual
• Organisers: Arihant Capital Conference and Bharat Connect Rising Stars group meeting
• Place: Virtual meeting

Participants

• Company officials to meet analysts and institutional investors

Purpose

• Discussions based on publicly available information; no UPSI will be discussed

Additional Notes

• Schedule may change due to exigencies of participants or company

NCD issuance details

• Board approved allotment of 10,500 NCDs aggregating INR 105 crore.
• Each NCD has face value INR 1,00,000.
• Issuance on private placement basis under the Companies Act.
• Not listed on any stock exchange; not proposed to be listed.
• Maturity date: September 22, 2028; prepayment possible.
• Coupon rate: 12.50% per annum, semi-annual.
• Security: secured by charge on identified assets under Debenture Trust Deed.
• Issuer: Embassy Developments Limited (formerly Equinox India Developments Limited).

Deal details

• MoU signed with Dinesh Thakkar for sale of the entire Embassy Terazza tower at Juhu for ₹711 crore.
• The deal is described as India's largest single residential unit transaction.
• Tower has a RERA carpet area of 63,000 sq ft and GDV in excess of ₹3,000 crore.
• Project is developed under a development management model, adding to Embassy Developments' Mumbai footprint.

Meeting Details

• Date and time: 24 September 2026, 02:00 PM onwards
• Nature/Mode: Group meeting in Mumbai
• Place: Mumbai
• Organizer: Embassy Developments Limited

Participants

• Company officials to meet analysts/institutional investors

Purpose

• Discussions based on publicly available information; no UPSI discussed

Funding authorization

• Board's committee approved raising up to INR 160 crores via private placement of up to 16,000 NCDs.
• Face value of each NCD is INR 1,00,000; total issue size up to INR 160 crores.
• Issuance to be in one or more tranches, not listed, secured by charge on assets.
• Tenure, coupon, and other terms to be decided by the board's committee and disclosed at issuance.
• Not proposed to be listed on any stock exchange.
• Details to be disclosed at the time of issuance as per SEBI LODR.

Campaign details

• Announces Embassy Origins, an 85-acre nature-led development in North Bengaluru.
• Campaign centers on Natural Intelligence, shifting focus from homes to nature.
• Discovery Centre to provide an immersive brand experience ahead of sales.
• Campaign rollout across outdoor, social, digital, and OTT platforms.
• Next Level Experiences designed the Discovery Centre; in-house teams lead creative.

Meeting Details

• Date: September 19, 2026; time and location not disclosed.

Key Agenda Items

• Consider and approve raising funds via issue of non-convertible debentures, subject to regulatory approvals.

Other Notes

• NCD fundraising is the agenda item disclosed.