Shareholding4 Nov 2026, 12:52 pm
Embassy Developments: Promoter Group Acquires 3.25 Cr Shares
AI Summary
Embassy Property Developments Private Limited (EPDPL) and its Persons Acting in Concert (PACs) have acquired 3,25,18,900 equity shares of Embassy Developments Limited. This acquisition, valued at an undisclosed amount, occurred through the conversion of unlisted warrants previously allotted on a preferential basis. The transaction represents a 2.2850% increase in voting rights for the acquirer group, bringing their total holding to 43.9866% of the total equity share capital. The acquisition took place between October 23, 2026, and October 30, 2026.
Key Highlights
- Promoter group acquired 3,25,18,900 equity shares via warrant conversion.
- Acquisition increased promoter group's voting rights by 2.2850%.
- Total holding of promoter group now stands at 43.9866%.
- Transaction occurred through preferential allotment of warrants.
- Acquisition period was from October 23 to October 30, 2026.
Price Impact
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