Embassy Developments Strikes Off Two Step-Down Subsidiaries

Embassy Developments Limited dissolved two non-operational step-down subsidiaries, VREL and DIL, via voluntary ROC strike-off.
The action is part of an ongoing initiative to simplify corporate structure and reduce administrative and compliance costs.
The subsidiaries contributed nil to the company's turnover, revenue, income, or net worth in the last financial year.
Disclosure is made under SEBI LODR Regulation 30 as an abundant precaution, though it does not qualify as a sale.