Embassy Developments board to consider NCD issuance on September 19
- Board committee meeting scheduled for September 19, 2026
- Agenda includes consideration of non-convertible debenture issuance
- Fundraising subject to regulatory and statutory approvals
- Disclosure made under Regulation 29 of SEBI LODR Regulations

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Embassy Developments will hold a board committee meeting on September 19, 2026, to consider raising funds through the issuance of non-convertible debentures. The company disclosed the move under Regulation 29 of the SEBI LODR Regulations, 2015.
The proposed issuance is subject to applicable regulatory and statutory approvals. The board will determine the permissible mode or method for the fundraising exercise during the scheduled session.
Corporate Action Details
| Parameter | Detail |
|---|---|
| Meeting Date | September 19, 2026 |
| Agenda Item | Consideration of NCD issuance |
| Regulatory Reference | Regulation 29 of SEBI LODR Regulations, 2015 |
| Status | Subject to regulatory approvals |
The disclosure was signed by Vikas Khandelwal, Company Secretary, and dated September 16, 2026. Embassy Developments, formerly known as Equinox India Developments Limited, maintains its registered office in Gurugram with operational offices in Bengaluru and Mumbai.
Historical Stock Returns for Embassy Developments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.42% | -7.64% | -12.89% | +2.78% | -45.35% | -61.00% |
How might the issuance of non-convertible debentures impact Embassy Developments' debt-to-equity ratio and overall leverage profile?
What specific projects or strategic initiatives is the company likely to fund with the proceeds from this NCD issuance?
Given the current interest rate environment, how will the coupon rates and tenor of these debentures compare to existing market benchmarks?


































