BSEInsider Trading / SAST2d ago · 5 Aug 2026, 10:58 am

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd

Embassy Developments Ltd · 532832

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Catalyst Trusteeship Ltd has released 3,36,34,560 equity shares of Embassy Developments Ltd, which were previously pledged, resulting in a decrease in the pledged shares from 25,81,05,690 to 22,44,71,130.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Embassy Developments Ltd - 532832 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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CTL/SAST/26-27/00920 Date: August 04, 2026 1) National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051. 2) BSE Limited Floor 25, P. J. Towers, Dalal Street, Mumbai, Mumbai – 400001. 3) Embassy Developments Limited Office No 01-1001, WeWork, Blue One Square Udyog Vihar Phase 4 Rd Gurgaon, Gurugram, Haryana, India, 122016 Dear Sir, Sub: Disclosure pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Code”) in relation to release of equity shares of Embassy Developments Limited Pursuant to the disclosure required to be made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the disclosure in respect of release of pledge on equity shares of Embassy Developments Limited (“Target Company”) by Catalyst Trusteeship Limited in the capacity of Debenture Trustee. Please take the same on record and disseminate the same. For Catalyst Trusteeship Limited Authorised Signatory Name: Alpesh Patil Designation: Senior Manager Place: Mumbai Date: August 04, 2026 Encl.: As above Disclosures under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) Embassy Developments Limited 2. Name(s) of the acquirer and Persons Acting in Catalyst Trusteeship Limited acting as Debenture Concert (PAC) with the acquirer Trustee on behalf of Debenture holders 3. Whether the acquirer belongs to No Promoter/Promoter group 4. Name(s) of the Stock Exchange(s) where the BSE Limited and National Stock Exchange of India shares of TC are Listed Limited 5. Details of the acquisition as follows Number % w.r.t. total % w.r.t. total share/voting diluted capital share/voting wherever capital of the TC applicable(*) (**) Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights - - - b) Shares in the nature of encumbrance 25,81,05,690 18.56 18.30 (pledge/lien/non-disposal undertaking/others) c) Voting rights (VR) otherwise than by equity - - - shares d) Warrants/convertible securities/any other - - - instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 25,81,05,690 18.56 18.30 Details of acquisition/sale a) Shares carrying voting rights acquired - - - b) VRs acquired otherwise than by equity shares - - - c) Warrants/convertible securities/any other - - - instrument that entitles the acquirer to receive shares carrying category) acquired d) Shares encumbered/invoked/released by the 3,36,34,560 2.42 2.39 acquirer e) Total (a+b+c+d) 3,36,34,560 2.42 2.39 After the acquisition/sale, holding of acquirer along with PACs of: a) Shares carrying voting rights - - - b) VRs otherwise than by equity shares - - - c) Warrants/convertible securities/any other - - - instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition d) Shares in nature of encumbrance 22,44,71,130 16.14 15.92 (pledge/lien/non-disposal undertaking/others) e) Total (a+b+c+d) 22,44,71,130 16.14 15.92 6.Mode of acquisition (e.g. open market / public By release of 3,36,34,560 equity shares issue / rights issue / preferential allotment / inter-se transfer/ encumbrance, etc.) 7.Date of acquisition / release/ sale of shares / VR or July 31, 2026 date of receipt of intimation of allotment of shares, whichever is applicable 8.Equity share capital / total voting capital of the Rs. 278,12,66,866 comprising 139,06,33,433 Equity TC before the said acquisition/sale Shares (as per the shareholding pattern as on June 30, 2026, as available on the website of the stock exchanges) 9.Equity share capital/ total voting capital of the TC Rs. 278,12,66,866 comprising 139,06,33,433 Equity after the said acquisition/sale Shares. (as per the shareholding pattern as on June 30, 2026, as available on the website of the stock exchanges) 10.Total diluted share/voting capital of the TC after INR 282,02,74,150 comprising (a) 139,06,33,433 the said acquisition Equity Shares; and (b) 1,95,03,642 Equity Shares arising out of conversion of 100% of the outstanding stock options/Performance Stock Units. (as per the shareholding pattern as on June 30, 2026, as available on the website of the stock exchanges) (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.. Signature of the acquirer: For Catalyst Trusteeship Limited Authorised Signatory Name: Alpesh Patil Designation: Senior Manager Place: Mumbai Date: August 04, 2026