ALFA Filings
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Embassy Developments Limited has completed the allotment of non-convertible debt securities. This action follows the company's recent board approval for the issuance.
Embassy Developments allotted secured, unlisted non-convertible debentures aggregating to Rs. 105 Crore on a private placement basis, maturing in September 2028.
Embassy Developments Limited's board committee approved raising up to Rs. 160 Crore via the private placement of non-convertible debentures.
Embassy Developments Limited allotted non-convertible debt securities on July 15, 2026. The issuance follows board approval and maintains the existing paid-up share capital structure.
Embassy Developments allotted Rs. 1,020 Crore in non-convertible debentures via private placement. Proceeds will primarily refinance existing debt and fund project construction.