Embassy Office Parks REIT has announced the approval of Series XVI non-convertible debentures (NCDs) worth ₹1,400 crores by its debenture committee on February 20, 2026. The committee meeting was held to authorize the issuance of non-convertible debentures on a private placement basis as part of the REIT's debt raising initiatives.

NCD Structure and Terms

The approved Series XVI non-convertible debentures comprise specific structural features designed for institutional investors:

The NCDs are listed, rated, secured, redeemable, transferable, and rupee denominated. Each debenture carries a face value of ₹1,00,000, with the total issuance aggregating to ₹1,400 crores.

Fund Utilization Strategy

The proceeds from the Series XVI NCDs will serve dual purposes for Embassy Office Parks REIT's financial management. The funds will be allocated toward repayment of existing debt obligations and capital expenditure requirements of the REIT's Special Purpose Vehicles (SPVs). This strategic approach aims to optimize the debt structure while supporting growth initiatives across the portfolio.

Board Authorization Framework

The current NCD issuance operates under a comprehensive debt raising mandate previously approved by the Board of Directors. The authorization details include:

The debenture committee meeting commenced at 1410 Hrs IST and concluded at 1424 Hrs IST on February 20, 2026, demonstrating efficient decision-making processes within the REIT's governance structure.

Regulatory Compliance

The announcement was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ensuring transparency and regulatory compliance. The communication was addressed to both the National Stock Exchange of India Limited and BSE Limited, maintaining adherence to listing requirements across multiple exchanges.

Embassy Office Parks REIT has made available the audio recording of its earnings conference call that discussed the company's financial results for the quarter and nine months ended December 31, 2025. The announcement was made through regulatory filings to both the National Stock Exchange of India Limited and BSE Limited on February 09, 2026.

Conference Call Details

The earnings conference call was conducted on February 09, 2026, at 08:30 AM IST to discuss Embassy REIT's financial performance for Q3FY26 and the nine-month period ended December 31, 2025. The call was organized following the company's earlier communication dated January 16, 2026, which had announced the scheduled earnings discussion.

Recording Accessibility

Investors and stakeholders can access the complete audio recording of the earnings conference call through the company's official investor relations portal. The recording is available at the company's dedicated events and management conference calls section on their website at embassyofficeparks.com.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Vinitha Menon, Head - Company Secretary and Compliance Officer, on behalf of Embassy Office Parks REIT through its manager, Embassy Office Parks Management Services Private Limited.

The filing covered multiple scrip codes including the main equity scrip "EMBASSY" (code 542602) and various Non-Convertible Debentures (NCDs) and Commercial Papers (CPs) listed on the exchanges.