Equinox India and Embassy Group Merger Successfully Completed: A New Era of Growth and Opportunity

Equinox India Developments Limited (Equinox India) and NAM Estates (Embassy Group entity) have successfully completed their merger. The merger was announced on August 18, 2020, and received approval from the National Company Law Appellate Tribunal, New Delhi Bench, on January 7, 2025. The merger brings together the strengths of both entities, creating meaningful value for various stakeholders, including customers, employees, and shareholders. The merged entity will have a larger balance sheet, increased scale, a balanced mix of commercial & residential assets, and the ability to drive synergies across revenue opportunities & operating efficiencies. The new entity will operate under the uniform corporate brand ‘Embassy’ and will be co-headquartered at Mumbai & Bengaluru with offices in Mumbai, Bengaluru & NCR.