Catalyst Trusteeship Limited Releases Pledge on Embassy Developments Ltd Shares
Catalyst Trusteeship Limited, acting as the Debenture Trustee on behalf of debenture holders, has released 30,00,000 pledged equity shares of Embassy Developments Ltd. This transaction reduces the encumbrance on the company's equity shares.The release was executed in two distinct tranches. A total of 2,00,00,000 shares were released on June 4, 2026, followed by a further 1,00,00,000 shares released on July 14, 2026.
The following table provides the details regarding the change in share encumbrance:
| Category | Pre-Release Holding (Encumbrance) | Released Amount | Post-Release Holding (Encumbered) |
|---|---|---|---|
| Number of Shares | 14,66,35,240 | 30,00,000 | 11,66,35,240 |
| % of Paid-Up Share Capital | 10.544% | 2.157% | 8.387% |
| % of Diluted Share Capital | 10.404% | 2.128% | 8.285% |
The total equity share capital of Embassy Developments Ltd is Rs. 278,12,66,866, which comprises 139,06,33,433 Equity Shares. The total diluted share/voting capital stands at Rs. 281,89,36,364, consisting of the 139,06,33,433 Equity Shares and an additional 1,88,34,749 Equity Shares arising from the conversion of stock options and performance stock units.
EMBDL Stock Price Movement
Shares of Embassy Developments Limited on Wednesday slipped by 2.02% to settle at ₹63.48. The stock saw a volume of 1.55 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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