BSECompany Update3d ago · 22 Sept 2026, 06:36 pm

Allotment of Non-Convertible Debentures aggregating to INR 105 crores. For further intimation please refer attachment.

Embassy Developments Ltd · 532832

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Embassy Developments Ltd has announced the allotment of non-convertible debentures aggregating to INR 105 crores on a private placement basis.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Embassy Developments Ltd - 532832 - Announcement under Regulation 30 (LODR)-Allotment

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September 22, 2026 Scrip Code: 532832 Symbol: EMBDL BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Sub: Allotment of non-convertible debentures aggregating to INR 105 crores Ref: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”) Dear Sir/Madam, Further to the intimation dated September 19, 2026 and pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI LODR Regulations, please be informed that the Board’s constituted committee of Embassy Developments Limited (the “Company”) at its meeting held today, i.e. on September 22, 2026, has, inter alia, approved the allotment of 10,500 (Ten Thousand Five Hundred) rated, unlisted, secured, redeemable, taxable, non-convertible debentures having a face value of INR 1,00,000/- each (“Debentures”), aggregating to INR 105 crores (Indian Rupees One Hundred and Five Crores), on a private placement basis, out of the total approved issue size of up to INR 160 crores, in compliance with applicable provisions of the Companies Act, 2013 (the “Act”), read with applicable Rules framed thereunder and other applicable laws. The information required to be disclosed pursuant to Regulation 30 of the SEBI LODR Regulations, read with SEBI Master Circular dated January 30, 2026, is provided in Annexure A, enclosed herewith. Please take the above information on record. Yours truly, For Embassy Developments Limited (Formerly Equinox India Developments Limited) Vikas Khandelwal Company Secretary 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, Bellary 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 Annexure A Details as required to be disclosed under Regulation 30 of the SEBI LODR Regulations, read with the SEBI Master Circular dated January 30, 2026 S. No. Particulars Information 1 type of securities proposed to be issued (viz. equity shares, Rated, Unlisted, Secured, Redeemable, Taxable, Non-Convertible Debenture having convertibles etc.) a face value of INR 1,00,000/- each (“Debentures”) 2 type of issuance (further public offering, rights issue, depository Private Placement receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3 total number of securities proposed to be issued or the total amount 10,500 Debentures aggregating to INR 105 crores. for which the securities will be issued (approximately); In case of issuance of debt securities or other non-convertible securities the listed entity shall disclose following additional details to the stock exchange(s): 4 size of the issue INR 105 crores, out of the total approved issue size of up to INR 160 crores 5 whether proposed to be listed? If yes, name of the stock exchange(s); Not proposed to be listed at any stock exchange 6 tenure of the instrument - date of allotment and date of maturity Date of Allotment: September 22, 2026 Date of Maturity: September 22, 2028 The Company may, subject to the terms of the transaction documents, undertake partial or full prepayment of the Debentures prior to the maturity date. 7 coupon/interest offered, schedule of payment of coupon/interest and Cash coupon at the rate of 12.50% per annum payable semi-annually. principal The principal amount shall be repayable on the date of maturity, subject to any partial or full prepayment undertaken in accordance with the terms of the transaction documents. 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, Bellary 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 S. No. Particulars Information 8 charge/security, if any, created over the assets Secured by a charge on the identified assets of the Company and/or its subsidiaries, in terms of the Debenture Trust Deed. 9 special right/interest/privileges attached to the instrument and Not applicable changes thereof 10 delay in payment of interest / principal amount for a period of more Not applicable than three months from the due date or default in payment of interest / principal 11 details of any letter or comments regarding payment/non-payment of Not applicable interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any 12 details of redemption of debentures As mentioned at point nos. 6 and 7 above. 13 any cancellation or termination of proposal for issuance of securities Not applicable including reasons thereof 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, Bellary 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