Embassy Office Parks REIT Approves Issuance of ₹ 1,400 Crores Debentures

Embassy Office Parks REIT, in a recent development, has announced the approval of the issuance of 1,40,000 listed, rated, secured, redeemable, transferable, rupee denominated, non-convertible debentures with a face value of ₹ 1,00,000 each, amounting to a principal amount of up to ₹ 1,400 Crores. This decision was made at the Debenture Committee Meeting of the Board of Directors of the Manager of Embassy Office Parks REIT held on February 20, 2026. The proceeds from the issuance of these debentures, referred to as Series XVI Debentures, will be used for the repayment of existing debt and/or for capital expenditure purposes of the Special Purpose Vehicles (SPVs) of Embassy REIT. The meeting commenced at 1410 Hrs IST and concluded at 1424 Hrs IST.