BSEOthers4d ago · 30 Jul 2026, 05:18 pm

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

Embassy Office Parks REIT · 542602

✦ AI Summary▲ PositiveResults

Embassy Office Parks REIT reported a 17% YoY growth in revenue and net operating income for Q1 FY2027, with 1.3 msf of leasing delivered across its portfolio. The company also declared a distribution of ₹598 crores or ₹6.31 per unit for the quarter, up 9% YoY.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10

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

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July 30, 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 and Scrip Codes 973434, 973546, 973910, 975051, 976042, 976240, 976699, 976700, 976864, 976946, 977606 and 977901 (NCDs) and Scrip Codes 731343, 731468 and 731469 (CPs). Dear Sir/ Madam, Subject: Press Release, Earnings Presentation, Supplemental Operating and Financial Databook, of Embassy Office Parks REIT, for the quarter ended June 30, 2026. In continuation to our intimation dated July 30, 2026, regarding the outcome of the Board Meeting of Embassy Office Parks Management Services Private Limited, Manager to Embassy Office Parks REIT (“Embassy REIT”) held on July 30, 2026, please see enclosed the: 1. Press Release as Appendix I; and 2. Earnings Presentation and Supplemental Operating and Financial Databook for quarter ended June 30, 2026, comprised of the Business and Financial Results of Embassy REIT as Appendix II and Appendix III, respectively. 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.embassyofficeparks.com Appendix I Embassy REIT Reports 17% YoY Growth in Revenue and Net Operating Income; Leases 1.3 Million Square Feet in Q1 FY2027  Leased 1.3 msf across 17 deals, with GCCs contributing 81% of demand  Revenue up 17% YoY to ₹1,241 crores and Net Operating Income up 17% YoY to ₹1,020 crores  Declared distributions of ₹598 crores or ₹6.31 per unit for the quarter, up by 9% YoY  Raised ₹3,045 crores of debt at a blended coupon of 7.46% Bengaluru, India, July 30, 2026 Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the first quarter ended June 30, 2026. Amit Shetty, Chief Executive Officer of Embassy REIT, said, “We are delighted to report a strong start to FY2027, with revenue and NOI growing 17% YoY and 1.3 msf of leasing delivered across our portfolio. GCCs continued to anchor demand, accounting for 81% of quarterly leasing, while AI-related companies contributed 21% of new leasing. This reflects the growing depth and quality of India’s office market, with companies shaping the AI-driven economy choosing our campuses as platforms for growth. This strong momentum is also being complemented by greater recognition of REITs in India’s capital markets. Our recent inclusion in some of the newly launched domestic indices marks an important milestone in the evolution of REITs as a mainstream investment asset class in India. These benchmarks will support index-linked products, enhance market visibility and broaden investor participation.” The Board of Directors of Embassy Office Parks Management Services Private Limited (‘EOPMSPL’), Manager to Embassy REIT, at its Board Meeting held earlier today, declared a distribution of ₹598 crores or ₹6.31 per unit for Q1 FY2027. The record date for the Q1 FY2027 distribution is August 4, 2026, and the distribution will be paid on or before August 11, 2026. Business Highlights  Leased 1.3 msf across 17 deals, including 0.7 msf of new leases at 11% re-leasing spreads and 0.6 msf of renewals at 9% higher spreads  GCCs accounted for 81% of Q1 leasing. New entrants drove 86% of new leasing, including 21% from AI-related companies, with leases signed at an 8% average premium to market rents  Portfolio occupancy stood at 93% by value, with Mumbai at 100%, Bengaluru at 95%, Noida at 93% and Chennai at 92% Financial Highlights  Grew Revenue from Operations by 17% YoY to ₹1,241 crores and Net Operating Income (NOI) by 17% YoY to ₹1,020 crores  Delivered quarterly distributions of ₹598 crores or ₹6.31 per unit, up 9% YoY  Raised ₹3,045 crores of debt at a blended rate of 7.46% p.a. through a combination of commercial papers, NCD and bank loans  Hotel NOI grew 6% year-on-year, supported by a 100-bps increase in occupancy to 61% and 5% ADR growth Operational & Growth Highlights  Launched the 211-key Hilton Garden Inn, the first phase of the 529-key dual-branded Hilton development at Embassy TechVillage in Bengaluru; the 318-key 5-star Hilton with a 37k sq ft convention centre is scheduled to open later this year  Announced that Four Seasons will conclude its management of the hotel at Embassy ONE, Bengaluru, effective February 28, 2027. Evaluating potential new hospitality operators and expect to finalize a new partner in the near term  Development pipeline of 6.2 msf with a ₹3,500 crores capital outlay; ~60% of deliveries over the next two years are already pre-leased  Solar plant operated at optimum capacity, generating 44 million units in Q1 and recording a stabilised quarterly NOI of ₹23 crores Investor Materials and Quarterly Investor Call Details Embassy REIT has released a package of information on the quarterly results and performance, that includes (i) standalone and consolidated financial results for the quarter ended June 30, 2026 (ii) an earnings presentation covering Q1 FY2027 results and, (iii) supplemental operating and financial data book that conforms with leading reporting practices across global REITs. All these materials are available in the Investors section of our website at www.embassyofficeparks.com. Embassy REIT will host a conference call on July 30, 2026 at 18:00 hours Indian Standard Time to discuss the Q1 FY2027 results. A replay of the call will be available in the Investors section of our website at www.embassyofficeparks.com. About Embassy REIT Embassy REIT is India’s first publicly listed Real Estate Investment Trust and the largest office REIT in Asia, by area. Embassy REIT owns and operates a portfolio of over 52 million square feet of world-class office spaces across India’s key gateway markets, including Bengaluru, Mumbai, Pune, the National Capital Region (NCR) and Chennai. The portfolio comprises 14 premium office ecosystems, including large, integrated office parks and city-centre office assets, and is home to 285 leading global and domestic corporations. In addition to office assets, the portfolio includes strategic amenities such as five operational business hotels, two hotels under development, and a 100 MW solar park that supplies renewable energy to tenants. Embassy REIT’s industry-leading ESG programme has received multiple accolades from globally recognised institutions, including GRESB, USGBC LEED, the British Safety Council, among others. In 2023, Embassy REIT was included in the Dow Jones Sustainability Indices, becoming the first REIT in India to be recognised for its sustainability initiatives by a leading global benchmark. For more information, please visit www.embassyofficeparks.com. Disclaimer This press release is prepared for general information purposes only. The information contained herein is based on management information and estimates. It is only current as of its date, has not been independently verified and may be subject to change without notice. Embassy Office Parks Management Services Private Limited (“the Manager”) in its capacity as the Manager of Embassy REIT, and Embassy REIT make no representation or warranty, express or implied, as to, and do not accept any responsibility or l [Showing first 8,000 characters — download PDF for full document]