Allotment of an aggregate of 93,18,900 equity shares of the Company pursuant to the conversion of remaining warrants. For further information, please refer the attachment.

October 30, 2026 Scrip Code: 532832 Symbol: EMBDL BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Bandra-Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”) Re: Allotment of an aggregate of 93,18,900 Equity Shares of the Company pursuant to the conversion of remaining Warrants Dear Sir/Madam, In furtherance of our intimation dated October 12, 2026 regarding allotment of 3,25,18,900 unlisted convertible warrants of the Company (“Warrants”) at an exercise price of INR 111.51 (including the premium of INR 109.51) per equity share (“Exercise Price”), in accordance with the shareholders’ resolution dated September 08, 2026 and in-principle approvals from BSE Limited and National Stock Exchange of India Limited, each dated September 30, 2026, to Embassy Property Developments Private Limited, a member of the Promoter and Promoter Group of the Company (hereinafter referred to as the “Allottee”) and pursuant to Regulation 30 read with Schedule III and other applicable provisions of the SEBI LODR Regulations, please be informed that pursuant to the exercise of the right to convert the remaining 93,18,900 Warrants held by the Allottee, which were outstanding after the conversion of 1,10,00,000 Warrants on October 23, 2026 and 1,22,00,000 Warrants on October 27, 2026 (“Exercised Warrants”) and receipt of the balance consideration aggregating to INR 77,93,62,904.25/- (Indian Rupees Seventy-Seven Crore Ninety-Three Lakh Sixty- Two Thousand Nine Hundred Four and Twenty-Five Paise Only), being 75% of the Exercise Price on such Exercised Warrants, the Company has today i.e. on October 30, 2026, issued and allotted 93,18,900 fully paid-up equity shares of face value of INR 2/- each of the Company (“Equity Shares”), at the Exercise Price, in the following manner: S. Name of Allottee Number of Equity Exercise Price Balance No. Shares, allotted Consideration upon conversion of received (INR)* Exercised Warrants 1. Embassy 93,18,900 INR 111.51 (including the 77,93,62,904.25 Property premium of INR 109.51) per Developments Equity Share Private Limited Total 93,18,900 77,93,62,904.25 *75% of the Exercise Price for Exercised Warrants. 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 The Equity Shares, issued as aforesaid upon the conversion of the Exercised Warrants, shall rank pari passu in all respects with the existing Equity Shares of the Company. Consequent to the said allotment, the paid-up equity share capital of the Company stands increased to INR 284,63,04,666/- comprising 142,31,52,333 Equity Shares of face value of INR 2/- each. Pursuant to the aforesaid infusion of approximately INR 78 crore towards the conversion of the Exercised Warrants, the aggregate shareholding of the Promoter and Promoter Group in the Company, as on date, stands increased from 43.62% to 43.99% of the enhanced paid-up equity share capital of the Company. Further, consequent to the aforesaid conversion, all 3,25,18,900 Warrants allotted to the Promoter Group on October 12, 2026, have been fully converted into Equity Shares at an exercise price of INR 111.51 (including a premium of INR 109.51) per Equity Share, well ahead of their tenure and, no Warrants remain outstanding for conversion. The full and early conversion of the Warrants by the Promoter Group demonstrates its continued commitment to the Company and strong confidence in the Company's long-term growth prospects. The information as required to be disclosed under Regulation 30 of the SEBI LODR Regulations read with the SEBI Master Circular dated January 30, 2026 (“SEBI Master Circular”), is enclosed as Annexure-A. 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 Information as required to be disclosed under Regulation 30 of the SEBI LODR Regulations read with the SEBI Master Circular S. Particulars Information 1. Type of securities proposed to be issued (viz. equity shares, Equity Shares, pursuant to the conversion of Warrants. convertibles etc.) Pursuant to and in terms of (i) the shareholders’ resolution dated September 08, 2026; and (ii) in-principle approvals from BSE Limited and National Stock Exchange of India Limited (“Stock Exchanges”), each dated September 30, 2026, the Company, on October 12, 2026, issued and allotted, on a preferential basis in terms of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), 3,25,18,900 unlisted warrants (“Warrants”) upon receipt of upfront consideration equivalent to 25% of the exercise price for such Warrants, convertible into an equivalent number of fully paid- up equity shares of face value of INR 2/- each of the Company (“Equity Shares”), at an exercise price of INR 111.51 (including the premium of INR 109.51) per Equity Share (“Exercise Price”) to Embassy Property Developments Private Limited, a member of the Promoter and Promoter Group of the Company (the “Allottee”). In accordance with the terms of issue of Warrants, each Warrant is convertible into 1 (one) Equity Share of the Company, upon exercise of the option by the Warrant holder, subject to the balance consideration 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. Particulars Information equivalent to 75% of the Exercise Price having been paid, within a period of 6 (six) months from the date of allotment of Warrants, in one or more tranches. The Promoter Group has voluntarily committed to exercise and convert all the Warrants within a period not exceeding 6 (six) months from the date of allotment. Pursuant to (a) exercise of such right for conversion on remaining 93,18,900 Warrants held by the Allottee which were outstanding after the conversion of 1,10,00,000 Warrants on October 23, 2026 and 1,22,00,000 Warrants on October 27, 2026, respectively (“Exercised Warrants”); and (b) receipt of the balance consideration aggregating to INR 77,93,62,904.25/- (Indian Rupees Seventy-Seven Crore Ninety- Three Lakh Sixty-Two Thousand Nine Hundred Four and Twenty-Five Paise Only), being 75% of the Exercise Price on these Exercised Warrants from the Allottee, the Company has today i.e. on October 30, 2026, issued and allotted 93,18,900 Eq [Showing first 8,000 characters — download PDF for full document]