Embassy Office Parks REIT has completed the full redemption of its ₹1,100 crore non-convertible debentures (NCDs). The redemption was executed on October 16, 2026, two days ahead of the scheduled maturity date of October 18, 2026.

Debenture redemption details

The following table summarises the key details of the completed NCD redemption:

The completion of this redemption reflects the trust's management of its debt obligations. Non-convertible debentures are fixed-income instruments that cannot be converted into equity shares, and their full redemption signifies the repayment of principal to debenture holders.

Interest payment specifics

Alongside the principal repayment, Embassy Office Parks REIT settled the final interest payment associated with the debentures. The interest was paid on a quarterly basis.

The total interest paid amounted to ₹3,82,43,850, which includes the Tax Deducted at Source (TDS) payable as per applicable law. The previous interest payment was made on September 28, 2026.

Embassy Office Parks REIT announced on October 16, 2026, that its development portfolio achieved a global industry-leading score of 100% in the Global Real Estate Sustainability Benchmark (GRESB) 2026 assessment. The REIT ranked number one in the Asia office peer group, maintaining its position at the highest level of the benchmark for the third consecutive year.

The perfect score substantially exceeds the overall GRESB average of 86.2% and outperforms the Office/Asia peer group average of 99.4%. Embassy REIT also retained the highest 5-Star GRESB rating for both its Development and Standing Investment portfolios. This recognition underscores the company's commitment to environmental performance, governance, and responsible business practices.

Portfolio performance metrics

The REIT’s Standing Investments portfolio demonstrated continued progress with a strong score of 95%. It ranked No. 1 among 48 participants in the Listed Office peer group, surpassing both the GRESB average of 80.9% and the peer group average of 93.9%. Additionally, Embassy REIT secured a full 30/30 score in the GRESB Management Component, reflecting institutionalized sustainability through leadership oversight, ESG policies, risk management, and transparent reporting.

What the numbers show

The data reveals a distinct divergence between the two portfolio segments. While the Development portfolio achieved a perfect score, the Standing Investments portfolio scored 95%. However, the Standing Investments portfolio faced a more competitive benchmark, with a higher peer group average of 93.9% compared to 99.4% for Development. Despite this, Embassy REIT maintained a lead in both categories, indicating robust sustainability practices across both new developments and operational assets. The Management Component score of 30/30 further suggests that the high asset-level scores are supported by strong governance frameworks rather than isolated operational successes.

Corporate context

Amit Shetty, Chief Executive Officer of Embassy REIT, stated that achieving a perfect GRESB score alongside No. 1 peer-group rankings is a proud milestone. He emphasized the importance of raising standards in environmental performance and governance as one of Asia’s leading office REITs. Embassy REIT is India’s first publicly listed Real Estate Investment Trust and the largest office REIT in Asia by area, owning over 52 million square feet of office spaces across key markets including Bengaluru, Mumbai, Pune, NCR, and Chennai.