Shareholders meeting

September 8, 2026 Scrip Code: 532832 Symbol: EMBDL BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Exchange Plaza, C-1, Block G, Towers, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Mumbai – 400 051 Sub: Outcome of 20th Annual General Meeting (“AGM” or “Meeting”) of the members of Embassy Developments Limited (the “Company”) held on Tuesday, September 8, 2026 Ref: Regulations 30 & 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”) Dear Sir/Madam, Pursuant to Regulations 30 and 44 of the SEBI LODR Regulations, we submit the following: (A) Summary of the proceedings of 20th AGM The 20th AGM of the members of the Company (“Members”) was held on Tuesday, September 8, 2026, through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”). The AGM commenced at 11:30 A.M. (IST) and concluded at 12:41 P.M. (IST) with the closure of the e-voting at the AGM. Mr. Vikas Khandelwal, Company Secretary and Compliance O(cid:431)icer of the Company, welcomed the Members to the AGM and apprised that in compliance with the relevant circulars issued by MCA and SEBI, the Company had provided the facility to its Members, to join the AGM through VC / OAVM along with the facility to view the Meeting on live webcast on the platform of KFin Technologies Limited (“KFintech” or “RTA”). The registered o(cid:431)ice of the Company was deemed to be the venue of the Meeting. The Company Secretary proceeded to introduce all the members of the Board (“Board”) who were present at the Meeting, namely: (a) Mr. Jitendra Virwani, Hon’ble Chairman & Non-Executive Director of the Company, the Chairman of the CSR Committee and a member of the Audit Committee and Nomination & Remuneration Committee of the Board. (b) Mr. Aditya Virwani, Managing Director, a member of the Stakeholders’ Relationship Committee, CSR Committee and Risk Management Committee of the Board; (c) Mr. Sachin Shah, CEO & Executive Director, a member of the Stakeholders’ Relationship Committee, CSR Committee and Risk Management Committee of the Board; (d) Mr. Rajesh Kaimal, CFO & Executive Director, the Chairman of Risk Management Committee and a member of the Stakeholders’ Relationship Committee of the Board; (e) Mr. K. G. Krishnamurthy, Independent Director, the Chairman of the Audit Committee and a member of the Nomination & Remuneration Committee and CSR Committee of the Board; EMBASSY DEVELOPMENTS LIMITED (Formerly Equinox India Developments Limited) E: ir@embassyindia.com W: www.embassyindia.com CIN: L45101HR2006PLC095409 Bengaluru Office: Mumbai Office: Registered Office: Embassy One-Pinnacle, 14th Floor, One World Center, Tower 2A, 01-1001, WeWork, B ellary Road, Dena Bank Colony, 4th Floor, Senapati Bapat Marg, Blue One Square, Udyog Vihar Bengaluru Karnataka - 560032 Mumbai – 400013 Phase 4 Rd, Gurugram, Haryana-122016 T: (080) 69354859 T: (022) 65722233 T: (0124) 4609559 (f) Mr. Javed Tapia, Independent Director and a member of the Nomination & Remuneration Committee of the Board. (g) Mr. Shyamm Mariwala, Independent Director, the Chairman of the Nomination & Remuneration Committee and a member of the Risk Management Committee and Audit Committee of the Board; and (h) Ms. Tarana Lalwani, Independent Woman Director, the Chairperson of the Stakeholders’ Relationship Committee and a member of the Nomination & Remuneration Committee and Audit Committee of the Board; The authorised representatives of Statutory Auditors M/s Agarwal Prakash & Co., the Secretarial Auditors of the Company M/s GDR & Partners LLP, and the Scrutinizer Ms. Neha Sharma, (Membership No. FCS 13072), Proprietor of M/s Neha S & Associates, Practising Company Secretary, were also present at the Meeting. After ascertaining the requisite quorum, the Company Secretary requested Mr. Jitendra Virwani, Chairman of the Company, to occupy the Chair and commence the proceedings of the Meeting. The Chairman welcomed the Members to the Meeting and commenced the proceedings. He informed the Members that, as confirmed by the Company Secretary, the requisite quorum pursuant to Section 103 of the Companies Act, 2013 was present. Accordingly, he called the Meeting to order. In his address, the Chairman welcomed the shareholders, expressed his gratitude for their continued support and confidence in the Company, and placed on record his appreciation for all stakeholders. The Chairman then invited Mr. Aditya Virwani, Managing Director of the Company, to address the shareholders and conduct the subsequent proceedings. Mr. Aditya Virwani welcomed the Members to the Meeting and then shared key highlights of the year gone by, and presented the forward-looking strategy and outlook for the continued growth and success of the Company. Thereafter, Mr. Aditya Virwani invited the Company Secretary to conduct the remaining proceedings of the Meeting. The Company Secretary thanked the Managing Director and announced the commencement of the Question- and-Answer session for the Members who had registered themselves as speakers. The queries raised by registered speakers were duly addressed by Mr. Aditya Virwani. After conclusion of the Question-and-Answer session, the Company Secretary informed the Members that the Company had circulated the notice dated August 10, 2026 (“AGM Notice”), along with the Explanatory Statement containing all relevant information pertaining to the agenda items, to all eligible Members and other stakeholders electronically on August 16, 2026. Subsequently, a corrigendum dated August 27, 2026 was circulated, providing certain additional information and clarifications to the disclosures contained in the AGM Notice. EMBASSY DEVELOPMENTS LIMITED (Formerly Equinox India Developments Limited) E: ir@embassyindia.com W: www.embassyindia.com CIN: L45101HR2006PLC095409 Bengaluru Office: Mumbai Office: Registered Office: Embassy One-Pinnacle, 14th Floor, One World Center, Tower 2A, 01-1001, WeWork, B ellary Road, Dena Bank Colony, 4th Floor, Senapati Bapat Marg, Blue One Square, Udyog Vihar Bengaluru Karnataka - 560032 Mumbai – 400013 Phase 4 Rd, Gurugram, Haryana-122016 T: (080) 69354859 T: (022) 65722233 T: (0124) 4609559 He then briefly apprised the Members of the agenda items as set out at Item Nos. 1 to 6 of the AGM Notice, as summarised below: Item Type of Particulars No. Resolutions 1 Ordinary Resolution Consideration, approval and adoption of the audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon. 2 Ordinary Resolution Re-appointment of Mr. Jitendra Virwani (DIN: 00027674), Chairman & Non-Executive Director, who retires by rotation and being eligible, has offered himself for re-appointment. 3 Ordinary Resolution Approval of the remuneration of the Cost Auditors for the financial year 2026-27. 4 Special Resolution Approval of the revision in remuneration of Mr. Rajesh Kaimal (DIN: 03158687), CFO & Executive Director of the Company. 5 Ordinary Resolution Approval of the appointment of Mr. Neel Virwani as “Chief Business Officer”. 6 Special Resolution Approval of the Preferential issue of Warrants. The Members were further informed that the above agenda items were deliberated by the committees concerned and the Board and thereafter were recommended for their consideration and approval. The Company o(cid:431)ered the e-voting facility to all its Members to exercise their votes electronically through remote e-voting process from Saturday, September 05, 2026, 10:00 A.M. (IST) till Monday, September 07, 2026, 05:00 P.M. (IST) (“Remote E- voting”). However, Members who had not cast their votes through Remote E-voting and were present at the Meeting were provided an opportunity to cast their votes electronically during the Meeting (“Insta Poll”). The Members were further informed that the Company had appointed Ms. Neha Sh [Showing first 8,000 characters — download PDF for full document]