Embassy Developments Limited
Key Quantitative Figures
- Number of shares released from pledge: 3,36,34,560 (Three Crore Thirty-Six Lakh Thirty-Four Thousand Five Hundred Sixty) equity shares
- Total promoter holding of Embassy Property Developments Private Limited: 19,37,92,592 equity shares
- Percentage of holding released from pledge: 17.35% of total holding
- Market value of released shares: Calculated based on closing price of ₹61.14 per share at NSE on July 31, 2026
Parties Involved
- Promoter Group Entity: Embassy Property Developments Private Limited
- Listed Company: Embassy Developments Limited (formerly Equinox India Developments Limited)
- Regulatory Authorities: BSE Limited and National Stock Exchange of India Limited
Transaction Details
- Transaction Type: Pledge Release
- Mode of Transaction: Off-market
- Date of Intimation to Company: July 31, 2026
- Date of Trade Execution: July 31, 2026
- Type of Securities: Equity Shares
Cumulative Impact
This release of 3,36,34,560 equity shares is in addition to previous pledge releases:
- June 9, 2026: Release of 2,00,00,000 equity shares
- July 15, 2026: Release of 1,00,00,000 equity shares
- Total cumulative release: 9,36,34,560 equity shares
Corporate Governance Statement
The company states this intimation is made "in keeping with the Company's commitment to high standards of corporate governance, transparency and timely dissemination of information to investors and other stakeholders."
No Derivatives Trading
No trading in derivatives on the company's securities was reported by the promoter group member.
#Tags: #EmbassyDevelopments #PledgeRelease #SEBIPITRegulations #RegulatoryCompliance #OwnershipUpdate #Neutral