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Embassy Developments Ltd

NSE: EMBDL · BSE: 532832 · Realty · 66 announcements

Embassy Developments Ltd news stories on ALFA NewsRead the news →
Share price
₹57.01
Market cap
₹7,928 Cr
Revenue (annual)
₹1,732 Cr
Net profit (annual)
₹-872.6 Cr
P/E (TTM)
-8.4×Sector 34.9×
Promoter holding
42.65%+0.00% QoQ
FII holding
23.43%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

16:10 IST BSE
Merger & Restructuring

Embassy Developments Merger & Restructuring

Embassy Developments Ltd struck off its non-operational wholly owned subsidiary DPDL. This simplifies the corporate structure and reduces compliance costs.

11:05 IST BSE
Merger & Restructuring

Embassy Developments Merger & Restructuring

Embassy Developments Limited announced the voluntary strike-off and dissolution of two non-operational step-down subsidiaries, Varali Real Estate Limited and Devona Infrastructure Limited. The move aims to simplify corporate structure and reduce compliance costs. Both entities had nil financial contribution during the last fiscal year, resulting in no material financial impact on the company.

22:13 IST BSE
Merger & Restructuring

Embassy Developments Merger & Restructuring

Embassy Developments Limited completed the sale of its 100% stake in subsidiary Sepset Real Estate Limited to Pen India Private Limited on April 16, 2026. Consequently, Sepset has ceased to be a subsidiary of the company. This divestment follows the Share Purchase Agreement executed on April 12, 2026.

19:57 IST NSE
Merger & Restructuring

Embassy Developments Merger & Restructuring Worth ₹100 Cr

Embassy Developments Limited has agreed to sell its subsidiary, Sepset Real Estate Limited, to Pen India Limited for ₹100 Crore. The transaction is expected to conclude by June 10, 2026. The buyer is not a related party, and the sale was conducted at arm's length.

Value
₹100.0 Cr
Execution
2026-06-10
09:18 IST NSE
Merger & Restructuring

Embassy Developments Merger & Restructuring Worth ₹100 Cr

Embassy Developments Limited entered an agreement to sell its 100% stake in subsidiary Sepset Real Estate Limited to Pen India Limited for ₹100.00 Crore. Sepset owns the 'Mega Mall' project in Jodhpur. The transaction aims to unlock value and strengthen the company's balance sheet, with completion expected within 60 days.

Value
₹100.0 Cr
Execution
within 60 days