30-Oct-2026 16:42:06

EMBDLGeneral news

EMBDL : PROMOTER GROUP CONVERTS REMAINING WARRANTS, RS 78 CR INFUSED

• Allotted 93,18,900 equity shares at ₹111.51 each (incl. premium of ₹109.51) on conversion of remaining warrants to Embassy Property Developments, a promoter group entity • Balance consideration of ₹77.94 Cr (75% of exercise price) received on the exercised warrants • All 3,25,18,900 warrants allotted on October 12, 2026 now fully converted; no warrants remain outstanding • Promoter and promoter group stake rises from 43.62% to 43.99% of enhanced capital • Paid-up equity capital now ₹284.63 Cr, comprising 142.31 Cr shares of face value ₹2 each • Issuance was on a preferential basis under Chapter V of SEBI ICDR Regulations

Embassy Developments Limited

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