EMBASSY DEVELOPMENTS LIMITED RAISED RS 105 CR FUNDS FROM DEBT ISSUE

• The company's board-constituted committee approved the allotment of 10,500 rated, unlisted, secured, redeemable, taxable, non-convertible debentures of face value ₹1,00,000/- each. • The allotment aggregates to ₹105 crores, out of an approved issue size of up to ₹160 crores. • The debentures have a tenure of two years, with allotment on September 22, 2026, and maturity on September 22, 2028. • The debentures are secured by a charge on the identified assets of the company and/or its subsidiaries. • The coupon rate is 12.50% per annum, payable semi-annually. • These debentures are not proposed to be listed on any stock exchange.

Embassy Developments Limited

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