BSEGeneral6 Oct 2026 · 6 Oct 2026, 08:31 pm

Embassy Office Parks REIT has informed the Exchange regarding Disclosure of material issue

Embassy Office Parks REIT · 542602

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Embassy Office Parks REIT has disclosed material issue related to the proposed acquisition of commercial premises at First International Financial Centre, Bandra Kurla Complex, Mumbai, with independent valuation reports attached.

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Governance Concern1/10
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Market Sentiment5/10

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Embassy Office Parks REIT - 542602 - Reg 23(5)(i): Disclosure of material issue

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October 06, 2026 To, To, The Corporate Relations Department, The Corporate Relations Department, The National Stock Exchange of India Limited, Department of Corporate Services, Exchange Plaza, 5th Floor, BSE Limited, Plot No. C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai − 400051 Dalal Street, Mumbai − 400001 Re: Scrip Symbol “EMBASSY”, Scrip Code 542602, Scrip Codes 973546, 973910, 975051, 976042, 976240, 976699, 976700, 976864, 976946, 977606, 977901 and 978208 (NCDs) and Scrip Codes 731343, 731468, 731469 and 732282 (CPs). Dear Sir/Madam, Subject: Independent Valuation Reports in connection with the proposed acquisition of commercial premises at First International Financial Centre, Bandra Kurla Complex, Mumbai. In furtherance to our letter dated October 06, 2026 on the outcome of the meeting of the Board of Directors of Embassy Office Parks Management Services Private Limited, the Manager to Embassy Office Parks REIT ("Embassy REIT"), please see enclosed the independent valuation reports both dated October 05, 2026 issued by Ms. L. Anuradha, MRICS, the independent valuer of Embassy REIT (with independent property consultant review services undertaken by Cushman & Wakefield (India) Private Limited), and iVAS Partners represented by Ms. Amrita Bhattacharya, a valuer as defined under the SEBI (Real Estate Investment Trusts) Regulations, 2014 (with value assessment services undertaken by CBRE South Asia Private Limited), received in connection with the proposed acquisition of commercial premises at First International Financial Centre, Bandra Kurla Complex, Mumbai, as Appendix I and Appendix II respectively. Kindly take the same on record. Thanking you, For and on behalf of Embassy Office Parks REIT acting through its Manager, Embassy Office Parks Management Services Private Limited Vinitha Menon Head - Company Secretary and Compliance Officer A25036 Encl: As above Embassy Office Parks Management Services Private Limited (acting as the Manager to Embassy Office Parks REIT) Registered Office: 12th Floor, Pinnacle Tower, Embassy One, 8, Bellary Road, Ganganagar, Bengaluru , Karnataka, India – 560 032 T: (080) 69354864 E: secretarial@embassyofficeparks.com CIN: U70100KA2014PTC073362 Website of Embassy Office Parks REIT: www.embassyof ficeparks.com Appendix - I VALUATION REPORT RETAIL UNITS IN FIRST INTERNATIONAL FINANCIAL CENTRE (FIFC), BKC Date of Valuation: 30th September 2026 Date of Report: 5th October 2026 Submitted to: Embassy Office Parks Management Services Private Limited Instruction Party: Embassy Office Parks Management Services Private Limited Retail Units in FIFC, BKC Valuation Report Disclaimer This report is prepared exclusively for the benefit and use of Embassy Office Parks Management Services Private Limited (“EOPMSPL” or the “Recipient” or the “Company” or “the Manager”) on behalf of the Embassy Office Parks REIT (“Embassy REIT”) and / or its associates and its unitholders for the proposed purchase of a certain property/ business by it. The Company is the manager to Embassy REIT, a Real Estate Investment Trust under the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, as amended till date (“SEBI REIT Regulations”). The Manager may share the report with its appointed advisors, the trustee, submit the report for any statutory or reporting requirements or include it in any preliminary/placement document/ notice/ transaction document to the unit holders, or any other document in connection with the proposed purchase of the property by Embassy REIT. Neither this report nor any of its contents may be used for any other purpose other than the purpose as agreed upon with reference to the Letter of Engagement (LOE”) dated 24 June 2026 without the prior written consent of the Valuer for acquiring 5,231 sq. ft. of carpet area, equivalent to 8,048 sq. ft. of leasable area, in First International Financial Centre, BKC, Mumbai. The information in this report reflects prevailing conditions and the view of Valuer as of this date, all of which are, accordingly, subject to change. In preparation of this report, the accuracy and completeness of information shared by the Company has been relied upon and assumed, without independent verification, while applying reasonable professional judgment by the Valuer. This report has been prepared upon the express understanding that it will be used only for the purposes set out with reference to LOE. The Valuer is under no obligation to provide the Recipient with access to any additional information with respect to this report unless required by any prevailing law, rule, statute or regulation. This report should not be deemed an indication of the state of affairs of the real estate financing industry nor shall it constitute an indication that there has been no change in the business or state of affairs of the industry since the date of preparation of this document. Embassy Office Parks REIT/ EOPMSPL Page 1 Retail Units in FIFC, BKC Valuation Report Executive Summary Unit no 001 situated on ground floor of an operational commercial building christened ‘First International Financial Centre (FIFC)’ located on plot no - C-54 & 55, G block, Bandra Kurla Complex, Bandra (East), Mumbai 400051. Valuation 30th September 2026 Date: Disclosure of valuation of asset to be formed as a part of portfolio of Embassy Office Parks REIT in accordance with SEBI (REIT) Regulations Valuation 2014 for the acquisition of 5,231 sq. ft. of carpet area, equivalent to 8,048 Purpose: View of Access Road sq. ft. of leasable area, in First International Financial Centre, BKC, Mumbai. Unit no 001 situated on ground floor of an operational commercial building christened ‘First International Financial Centre (FIFC)’ located on plot no Subject Property: - C-54 & 55, G block, Bandra Kurla Complex, Bandra (East), Mumbai View of the Subject 400051. Property The subject property is situated on ground floor of an operational commercial building christened ‘First International Financial Centre (FIFC)’. The subject development is accessible via the Bandra Kurla Complex Road. It enjoys good accessibility and connectivity with other parts of the city. View of the Subject Property The subject property is located in BKC i.e., at a distance of approx. 2 km from Kurla Railway Station and 5 km from Bandra Railway Station. Location / Situation: Prominent landmarks near the subject property are Bharat Diamond Bourse, Reserve Bank of India office and BKC Telephone Exchange. BKC is one of the most sought after commercial micro-markets of Mumbai and is considered as the Secondary Business District of Mumbai and is View of Internal Access home to IT, commercial office, bank establishments. The micro market has presence of established buildings by prominent developers like K Raheja Corp, Wadhwa Group, Sunteck, Godrej, Adani, etc. Based on the review of the lease deeds shared by client and the site inspection, we understand that the subject property is situated on ground External View floor of an operational commercial building christened ‘First International Financial Centre (FIFC)’ admeasuring ~0.4 msf. of leasable area. The Description: elevation of the development is 2 Basements + Ground Floor + 13 Upper Commercial Floors. The subject property is a retail unit admeasuring ~8,048 sq. ft. of leasable area. Further, the subject property consists of two retail premises admeasuring 5,231 sq. ft. of carpet area, equivalent to 8,048 Embassy Office Parks REIT/ EOPMSPL Page 2 Retail Units in FIFC, BKC Valuation Report sq. ft. of leasable area bearing Unit No. 001 occupied by reputed food chain operators. The details for the subject property considered under the scope of appraisal is mentioned below: Retail Unit: 5,231 sq. ft. of carpet area, equivalent to 8,048 sq. ft. of leasable area bearing Unit No. 001 located on Ground floor of ‘First International Financial Centre (FIFC)’ b [Showing first 8,000 characters — download PDF for full document]