Equinox India and Embassy Group Merger Successfully Completed: A New Era of Growth and Opportunity
Jan 24 2025 | 4 months agoEquinox 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.
- Equinox India and Embassy Group merger successfully completed.
- Merged entity brings together strengths of both companies, creating meaningful value for stakeholders.
- Larger balance sheet, increased scale, balanced mix of commercial & residential assets, and synergy opportunities.
- New entity to operate under the uniform corporate brand ‘Embassy’.
- Co-headquartered at Mumbai & Bengaluru with offices in Mumbai, Bengaluru & NCR.