Embassy Developments Ltd Share Price – NSE /  BSE

Miscellaneous, Small Cap

Net profit of Embassy Developments reported to Rs 129.53 crore in the quarter ended March 2025 as against net loss of Rs 98.99 crore during the previous quarter ended March 2024. Sales rose 134.03% to Rs 889.31 crore in the quarter ended March 2025 as against Rs 380.00 crore during the previous quarter ended March 2024.

For the full year,net profit reported to Rs 206.25 crore in the year ended March 2025 as against net loss of Rs 497.45 crore during the previous year ended March 2024. Sales rose 83.48% to Rs 2179.93 crore in the year ended March 2025 as against Rs 1188.11 crore during the previous year ended March 2024.

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Embassy Developments will hold a meeting of the Board of Directors of the Company on 29 May 2025.

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Embassy Developments  announced successful conversion of unlisted warrants into equity shares by the Promotor group and other key shareholder. Allotments were made to Bellanza Developers (a Promoter group entity) and NCL SG Holdings Pte (a Blackstone Real Estate Fund). The transaction has resulted in a capital infusion of ~Rs 1060 crore, further strengthening the company's equity base.

The ~12.7 Cr equity shares were allotted upon receipt of the remaining 75% of the issue price (Rs 111.51 per share) for the warrants, which were originally issued on 21 May 2024, under a preferential allotment approved by shareholders and rank equally with existing shares.

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Embassy Developments has allotted 9,80,23,128 equity shares of face value of Rs 2 each of the company at an issue price of Rs 111.51 per share upon conversion of warrants.

Consequent to the allotment, the paid up equity share capital has increased to Rs 264,11,22,044 divided into 132,05,61,022 equity shares.

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