Date: September 22, 2026
Fundraising / Financing
Embassy Developments Limited has approved and completed the allotment of non-convertible debentures (NCDs) through a private placement. The specific details are:
- Type of Security: Rated, unlisted, secured, redeemable, taxable, non-convertible debentures
- Face Value: INR 1,00,000 per debenture
- Number of Debentures Allotted: 10,500
- Total Amount Allotted: INR 105 crores (Indian Rupees One Hundred and Five Crores)
- Total Approved Issue Size: Up to INR 160 crores
- Allotment Date: September 22, 2026
- Maturity Date: September 22, 2028 (2-year tenure)
- Coupon Rate: 12.50% per annum
- Interest Payment: Payable semi-annually in cash
- Principal Repayment: Repayable on maturity date, subject to possible partial or full prepayment as per transaction documents
- Security: Secured by a charge on identified assets of the Company and/or its subsidiaries as per Debenture Trust Deed
- Listing Status: Not proposed to be listed at any stock exchange
This allotment represents part of the total approved fundraising program and was conducted in compliance with the Companies Act, 2013 and SEBI LODR Regulations.