Embassy Office Parks REIT has formally announced the record date for redemption of Commercial Papers worth ₹825 crores across three tranches. The announcement, made on March 09, 2026, follows the SEBI Master Circular dated October 15, 2025, regarding Commercial Paper redemption procedures.

Commercial Papers Details

The REIT has issued three tranches of Commercial Papers that are approaching maturity:

Record Date and Maturity Schedule

The REIT has established a clear timeline for the redemption process:

Regulatory Compliance

The announcement was made in compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025. This circular outlines the procedural requirements for Commercial Paper redemption notifications to stock exchanges.

Corporate Communication

The formal intimation was submitted to BSE Limited's Corporate Relations Department by Vinita Menon, Head - Company Secretary and Compliance Officer of Embassy Office Parks Management Services Private Limited, which acts as the manager for Embassy Office Parks REIT. The communication was digitally signed and submitted on March 09, 2026.

Investors holding these Commercial Papers should note the record date of March 19, 2026, as it determines eligibility for redemption proceeds on the maturity date of March 20, 2026.

Embassy Office Parks REIT has formally announced its decision not to exercise the call option on its Series VB Non-Convertible Debentures worth ₹11,000,000,000, with the call option date scheduled for April 18, 2026. The REIT communicated this decision to BSE Limited on March 06, 2026, through its manager Embassy Office Parks Management Services Private Limited.

Debenture Details and Structure

The debentures in question were originally issued under a Debenture Trust Deed executed on October 18, 2021, between Embassy REIT and Catalyst Trusteeship Limited as the debenture trustee. The deed was subsequently amended on December 01, 2025. The debentures carry the ISIN INE041007084 and are listed under scrip code 973546 on BSE.

Call Option Terms and Decision

Under the terms of the Debenture Trust Deed, Embassy REIT held the right to redeem all debentures in full on the designated call option date. The REIT was required to deliver a Call Option Notice to debenture holders at least three business days prior to the call option date, meaning any notice would need to be issued by April 14, 2026.

The company's decision was communicated in accordance with Regulation 15 read with Regulation 23(7) of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021. Vinitha Menon, Head - Company Secretary and Compliance Officer, signed the formal intimation on behalf of the REIT.

Regulatory Compliance

The announcement demonstrates Embassy REIT's adherence to regulatory requirements for transparency in debt management decisions. By formally notifying both the stock exchange and debenture holders well in advance of the call option date, the REIT has ensured compliance with SEBI's disclosure norms for non-convertible securities.

The decision not to exercise the call option means the debentures will continue under their existing terms and conditions as outlined in the original trust deed and subsequent amendment. This allows debenture holders to retain their investment in the REIT's debt securities beyond the first call option date.