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Residential- Commercial Projects
Shareholding15 Oct 2026, 08:17 am

Embassy Developments: Bellanza Developers Files Revised SAST Disclosure

AI Summary

Embassy Developments Ltd has received a revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Bellanza Developers Pvt Ltd & PACs. The disclosure details transactions involving equity shares and warrants. Bellanza Developers converted warrants into 1,34,76,567 equity shares, and JV purchased 3,48,500 equity shares from the open market. EPDPL was allotted 3,25,18,900 unlisted warrants convertible into equity shares. These transactions represent a change in the overall shareholding of the promoter group.

Key Highlights

  • Revised SAST disclosure filed by Bellanza Developers Pvt Ltd & PACs.
  • Bellanza converted warrants to 1,34,76,567 equity shares.
  • JV purchased 3,48,500 equity shares from the open market.
  • EPDPL allotted 3,25,18,900 warrants convertible to equity.
  • Disclosure pertains to substantial acquisition of shares and voting rights.