Embassy Developments Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2024

The standalone financial results of Indiabulls Real Estate Limited ('IBREL' or 'the Company') for the quarter ended 30 June 2024 have been reviewed by the Audit Committee and approved by the Board of Directors ('the Board') at its meeting held on 14 August 2024. These results have been subjected to limited review by the Statutory Auditors of the Company.



The standalone financial results are prepared in accordance with the recognition and measurement principles of Indian Accounting Standards as notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended) as specified in Section 133 of the Companies Act, 2013.



Figures for the quarter ended 31 March 2024 represent the balancing figures between the audited figures for the full financial year and published reviewed year to date figures upto third quarter of the financial year.



Pursuant to the shareholders’ approval by way of special resolution at the Extra-ordinary General Meeting of the shareholders of the Company, held on 30 April 2024, the name of the company stands changed from ‘Indiabulls Real Estate Limited’ to ‘Equinox India Developments Limited’ with effect from 20 June 2024.



Previous period/year numbers have been regrouped/reclassified wherever considered necessary.