Embassy Office Parks REIT (EMBASSY) — Board Meeting | 24 September 2026

Embassy Office Parks REIT's manager approved the issuance of 100,000 non-convertible debentures (Series XVIII) with a face value of ₹100,000 each, aggregating to ₹1,000 crores via private placement. The floating-rate debentures carry a 6.97% initial coupon tied to 3-month MIBOR-OIS plus 150 basis points, mature in 2 years 11 months, and will list on BSE's Wholesale Debt Market. Proceeds of ₹1,000.07 crores were received, with the issue price discovered through an electronic book-building on September 23, 2026.