<h1>Promoter Group Releases Pledge Over 1 Crore Equity Shares of Embassy Developments Limited</h1>
Embassy Developments Limited, formerly Equinox India Developments Limited, reported that its Promoter Group has released a pledge over an aggregate of 1,00,00,000 equity shares of the company. The release pertains to shares held by Embassy Property Developments Private Limited (EPDPL), which constitutes the promoter group of the company.
This update follows earlier news regarding the pledging activities of the promoter group. EPDPL had previously released a pledge over 2,00,00,000 equity shares of the company, a development that was initially disclosed on June 9, 2026.
The release of the current pledge covers one crore equity shares, adding to the ongoing reporting regarding the promoter group's pledged securities. The announcement confirms the completion of this financial action by the EPDPL group.
EMBDL Stock Price Movement
Embassy Developments Limited's shares slipped by 2.02% today, closing at ₹63.31 after settling in a challenging session. The stock traded through high volume of 1.55 million shares, nearing the day’s low of ₹63.01.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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