Embassy Developments Promoter Releases 2 Crore Share Pledge

Key Quantitative Details

• Number of shares released from pledge: 2,00,00,000 (Two Crore) equity shares
• Transaction value: ₹117,26,00,000 (One Hundred Seventeen Crore Twenty-Six Lakh) calculated based on closing price of June 4, 2026 at NSE
• Pre-release holding: 19,37,92,592 equity shares (13.94% of company)
• Post-release holding: 19,37,92,592 equity shares (13.94% of company) - no change in actual shareholding

Parties Involved

• Embassy Property Developments Private Limited (Promoter Group of Embassy Developments Limited)
• Embassy Developments Limited (listed company)
• BSE Limited and National Stock Exchange of India Limited (recipients of disclosure)

Transaction Details

• Transaction type: Pledge Release
• Date of pledge release: June 4, 2026
• Date of intimation to company: June 5, 2026
• Mode of transaction: Not applicable (pledge release)
• Exchange where trade executed: N.A.

Financial Impact

The disclosure indicates a reduction in pledged shares by 2 crore shares, but no direct financial impact on the company's operations or cash flows is mentioned. The transaction value represents the market value of the released shares at the time of pledge release.