Embassy Developments launches Embassy Origins, an 85-acre residential project in North Bengaluru comprising 1,072 units. First phase received RERA approvals for Embassy Riverine and Embassy South Reserve.
Embassy Developments appoints Neel Virwani as Chief Business Officer effective October 2026. He will lead North and West India operations with focus on MMR and NCR.
Catalyst Trusteeship released 5.35 crore pledged shares of Embassy Developments Ltd on September 2, 2026. This release reduces the total encumbered shares held by the trustee.
Embassy Developments informed that Canara Bank filed an appeal before the Supreme Court against the NCLAT order. No interim relief was granted against the company.
Embassy Developments Limited issued a corrigendum to its 20th AGM notice, updating details regarding the preferential issue objects, floor price, and shareholding patterns.
Embassy Developments Limited has issued the notice for its upcoming Annual General Meeting scheduled for September 8, 2026. The agenda includes financial adoption and warrant issuance.
Embassy Developments filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26. This mandatory report covers the company's sustainability initiatives and general disclosures.
Embassy Developments Limited will hold its 20th Annual General Meeting on September 8, 2026, via Video Conferencing to consider financial statements and director appointments.
Management is attempting to pivot the narrative from legacy Indiabulls losses to future Embassy-branded launches. Reported losses and high debt levels remain significant execution risks.
Embassy Developments reported Q1 FY27 pre-sales of ₹868 crore, a 338% year-on-year increase. The board also approved a ₹363 crore preferential allotment of convertible warrants to promoters.
Embassy Developments Limited will issue 3.25 crore warrants to the promoter group on a preferential basis, raising approximately ₹362.62 Crore for capital requirements.
Embassy Developments Limited announced the appointment of Neel Virwani as Senior Management Personnel and the re-appointment of Jitendra Virwani as Director.
Embassy Developments Limited reported Q1 FY27 pre-sales of ₹868 Cr, up 338% YoY, though it recorded a PAT loss of ₹234 Cr. Strategy focuses on high-velocity residential launches in Bengaluru.
Catalyst Trusteeship Limited, acting as a debenture trustee, released a pledge on 3,36,34,560 equity shares of Embassy Developments Limited. This reduces the encumbered stake by 2.42%.
Embassy Developments Limited announced a release of pledge on 3,36,34,560 equity shares held by the Promoter Group. The transaction is valued at approximately ₹205.64 Crore.
Embassy Developments Ltd filed its quarterly shareholding pattern for the period ending June 30, 2026. The report details equity holdings across promoter and public categories.
Embassy Developments Limited allotted non-convertible debt securities on July 15, 2026. The issuance follows board approval and maintains the existing paid-up share capital structure.
Embassy Developments allotted Rs. 1,020 Crore in non-convertible debentures via private placement. Proceeds will primarily refinance existing debt and fund project construction.
Value
₹1,020 Cr
Execution
Tenure of approximately 3 to 3.5 years with maturity dates in September and December 2029.
Embassy Property Developments released a pledge on 1 crore equity shares of Embassy Developments Limited. This follows a previous release of 2 crore shares in June.
Embassy Developments approved a fund raise of up to ₹1,170 Crore via debentures. The move increases the total issue size to ₹1,570 Crore for future corporate needs.
Embassy Developments signed an MoU with the UP government for a ₹1,500 crore commercial project. The development targets 2.5-3.0 million square feet in Lucknow.
Embassy Developments awarded a ₹850 crore construction contract to Leighton Asia for its Embassy Citadel project. This marks a significant step in expanding its luxury residential footprint in Mumbai.
Embassy Developments Ltd struck off its non-operational wholly owned subsidiary DPDL. This simplifies the corporate structure and reduces compliance costs.