Outcome of Board Meeting

2 EMBASSY November 03, 2026 Scrip Code: 532832 Symbol: EMBDL BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai — 400 001 Bandra Kurla Complex, Mumbai — 400 051 Sub: Outcome of the meeting of the Board of Directors of Embassy Developments Limited (“Company”) held on November 03, 2026, and submission of unaudited financial results for the quarter and half year ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulations 30, 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that the Board of Directors of the Company (“Board"), at its meeting held today, i.e,, November 03, 2026, which commenced at 05:25 PM and concluded at 06:45 PM, has, inter alia, considered and approved the unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2026 (“Financial Results”). In this regard, we enclose herewith the Financial Results, along with the Limited Review Reports thereon, dated November 03, 2026, issued by the statutory auditors of the Company. These Financial Results are also being made available on the website of the Company, i.e, www.embassyindia.com, and the requisite newspaper advertisement shall be published, in accordance with the provisions of Regulation 47 of the SEBI LODR Regulations. Further, the trading window for dealing in securities of the Company shall continue to remain closed up to and including November 05, 2026, in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct for Regulating, Monitoring and Reporting Trading by Designated Persons and their Immediate Relatives. Yours truly, For Embassy Developments Limited (Formerly Equinox India Developments Limited) Vikas Khandelwal Company Secretary Encl: As above EMBASSY DEVELOPMENTS LIMITED (Formerly ki n as Equinox India Developments Limited and e ndiabulls Rea E:ir@embassyindia.com W: www.embassyindia.com CIN: L45101HR2006PLC095409 Bengaluru Office: Mumbai Office: Registered Office: Em O Pinn T z 1-1001, W , Dena Bank Co ) Bengaluru Karnatak ! ) Phase 4 Rd, Gurugram, Haryana-122016 T:(080) 69354859 T: (022) 65722233 T: (0124) 4609559 Agamval Prakash & Co. CHARTERED ACCOUNTANTS 508, Indra Prakash, 21, Barakhamba Read, New Delhi - 110001 Phone : 011-4351 ntact@apnca.org Independent Auditot's Review Report on Consolidated Unaudited Quarterly and Year to Date Financial Results of the of Company Putsuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requitements) Regulations, 2015 (as amended) To The Board of Ditectors of Embassy Developments Limited (Formerly known as Hguinox: India Developments Limited) 1. We have reviewed the accompanying statement of unaudited consolidated financial resulrs (‘the Statement’) of Embassy Developments Limited (Formerly known as Equinox: India Developments Limited) ('the Holding Company') and its subsidiaries, partncrship firm and limited liability partnerships (the Holding Company, its subsidiaries, pattnetship firm and limited liability partnerships together referred to as “the Group”), its joint venture (refer Annexure 1 for the list of subsidiaties, partnership firm, limited liability partnerships and joint venture included in the Statement) for the quarter ended 30 September 2026 and the year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. The Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measutement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 (the Act), read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedutes in accordance with SEBI Circular CIR/CFD/CMD1/44/2019 dated 29 March 2019 issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (as amended), to the extent applicable. Independent Auditor's Review Report on Consolidated Unaudited Quarterly and Year to Date Financial Results of the of Company Pursuant (o the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont’d) Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review teports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), inclading the manmer in which it is to be disclosed, or that it contains any matetial misstatement. w The accompanying Statement includes the unaudited interim financial results, in respect ) 35 subsidiaties, whose unaudited interim financial results reflects total assets of T 73,248.91 million as at 30 September 2026, total revenue of ¥ 1,900.25 million and % 3,545.64 million, total net profit/(loss) after tax of Z (232.68) million and ¥ (860.04) million, total comprehensive income of ¥ (209.75) million and ¥ (837.11) million for the quarter ended on 30 September 2026 and yeat to date from 01 April 2026 to 30 September 2026 respectively, and cash outflows (net) of ¥ 19.30 million as considered in the Statement which have been reviewed by other auditors. b) 1 joint venture, whose unaudited intetim financial results reflects Group’s share of profit/(loss) after tax T 22.11 million and ¥ 57.81 million, for the quarter ended on 30 September 2026 and year to date from 01 April 2026 to 30 September 2026 respectively, as considered in the Statement which have been reviewed by another audiror. c) 1 limited liability partnership, whose unaudited interim financial results reflects Group’s shate of profit/(loss) after tax ¥ (0.02) million and ¥ (0.05) million for the quarter ended on 30 September 2026 and year to date from 01 April 2026 to 30 September 2026 respectively, as consideted in the Statement which have been reviewed by another auditor. The reports on the unaudited interim financial results/financial [Showing first 8,000 characters — download PDF for full document]