Embassy Developments Ltd Promoter Releases Pledge Over One Crore Equity Shares
Embassy Developments Ltd, which was formerly known as Equinox India Developments Limited, has announced the further release of pledged equity shares held by its promoter group. The company confirmed that Embassy Property Developments Private Limited (EPDPL), part of the promoter group, released a pledge covering 1,00,00,000 (One Crore) equity shares of the company.This action follows an earlier disclosure regarding the release of pledges made by the promoter group. Earlier, Embassy Developments Ltd had disclosed the release of pledges over an aggregate of 2,00,00,000 (Two Crore) equity shares on June 9, 2026.
The continued commitment to transparency and corporate governance was highlighted regarding this information dissemination to investors and other stakeholders.
The key details of the pledge releases are summarized below:
| Detail | First Release (June 9, 2026) | Current Release (July 15, 2026) |
|---|---|---|
| Promoter Group | Embassy Property Developments Private Limited (EPDPL) | Embassy Property Developments Private Limited (EPDPL) |
| Shares Released from Pledge | 2,00,00,000 (Two Crore) | 1,00,00,000 (One Crore) |
The company confirmed that this intimation relates to the release of these pledges by EPDPL.
EMBDL Stock Price Movement
Shares of Embassy Developments Limited today slipped by 2.02%, closing at ₹63.31 as the post-market session concluded. The stock saw a traded volume of 1.55 million shares during the day.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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