Embassy Developments Ltd. Corporate Filings & Announcements

Latest corporate announcements and filings from Embassy Developments Ltd. on BSE

Load latest

Embassy Developments Ltd.

10 Jul 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Clarification sought from Indiabulls Real Estate Ltd

BSE India

The Exchange has sought clarification from Indiabulls Real Estate Ltd on July 10, 2020 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.The reply is awaited.

Embassy Developments Ltd.

30 Jun 2020

103.92

2.13%

SAST

INDIABULLS REAL ESTATE LTD. - 532832 - Closure of Trading Window

BSE India

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, the trading window of the Company has been closed and shall remain closed till 48 hours after the declaration of financial results for the quarter ended June 30, 2020. The date of the Board meeting of the Company for declaration of financial results for the quarter ended June 30, 2020, will be intimated in due course.

pdf

Embassy Developments Ltd.

18 Jun 2020, 04:41PM

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Format of Initial Disclosure to be made by an …

BSE India

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayINDIABULLS REAL ESTATE LTD. 2CINL45101DL2006PLC148314 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 2173.00 4Highest Credit Rating during the previous FY AA- 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)BRICKWORK RATINGS INDIA PRIVATE LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Ravi Telkar Designation: Company Secretary EmailId: helpdesk@indiabulls.com Name of the Chief Financial Officer: Anil Mittal Designation: Chief Financial Officer EmailId: helpdesk@indiabulls.com Date: 18/06/2020 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

pdf

Embassy Developments Ltd.

13 Jun 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Compliance Under Regulation 23(9) Of The Securities And Exchange …

BSE India

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter 'the Regulations'), please find enclosed herewith disclosure of Related Party Transactions on Consolidated basis, in the format specified in the accounting standards for the half-year ended March 31, 2020.

pdf

Embassy Developments Ltd.

09 Jun 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Credit Rating

BSE India

This is to inform you that the rating committee of the rating agency CARE Ratings has revised the long-term rating of Indiabulls Real Estate Limited to 'CARE A'. In revising the rating, CARE cited challenges faced by the Indian real estate sector and the expected adverse fallout on the sector from the COVID-19 pandemic. Please take the information on record.

pdf

Embassy Developments Ltd.

08 Jun 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Credit Rating

BSE India

This is to inform you that the rating committee of the rating agency Brickwork Ratings, has reaffirmed the long-term rating of Indiabulls Real Estate Limited at 'BWR AA-'. Brickwork Ratings noted the following in reaffirming the ratings: -The Company's strong liquidity position. -Availability of OC received inventory and land bank. -The Company's established track record of operations and experienced management team. Please take the aforesaid information on record.

pdf

Embassy Developments Ltd.

03 Jun 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Update On Proposal Of The Merger Of Certain Ongoing, …

BSE India

In continuation to the exchange communications dated January 31, 2020 and March 3, 2020, regarding proposal of the merger of certain ongoing, completed and planned residential and commercial projects of Embassy Property Developments Private Limited ('Embassy') with Indiabulls Real Estate Limited ('IBREL') ('Merger'), we wish to inform that lockdown restrictions imposed due to global spread of Corona Virus (COVID-19) had impacted the progress of the Merger process. With the lockdown relaxations from June 3, 2020, best effort endeavors are now being made by Embassy and IBREL to execute transaction documents on or before July 15, 2020 and a scheme of amalgamation, in accordance with Section 230-234 of the Companies Act, 2013 read with the rules framed thereunder, as amended, and the SEBI circular no. CFD/DIL3/CIR/2017/21 dated 10 March 2017, as amended, for the proposed Merger will accordingly be placed before the Board of Directors of the Company for its approval.

pdf

Embassy Developments Ltd.

01 Jun 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Credit Rating

BSE India

This is to inform you that the rating committee of the rating agency Infomerics Valuation and Rating Pvt. Ltd. ('Infomerics') has upgraded the long-term rating of Indiabulls Real Estate Limited from 'IVR A+' to 'IVR AA-/Stable Outlook' (IVR Double A Minus with Stable Outlook).

pdf

Embassy Developments Ltd.

18 May 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

BSE India

Please be informed that, in line with the disclosures in the earnings update dated May 14, 2020, and our steps to reduce annual operating costs from Rs 200 crore to Rs 100 crore, the Board of Directors of Indiabulls Real Estate Limited ('the Company') has appointed M/s Agarwal Prakash & Co, Chartered Accountants (FRN: 005975N), as statutory auditors of the Company, who are already existing statutory auditors of more than 90% subsidiaries of the Company, in place of M/s Walker Chandiok & Co LLP, Chartered Accountants (FRN: 001076N/N500013). This will reduce total audit fee and related expenses substantially by more than 50%. The senior management of the Company has already taken voluntary salary cuts of over 50% to lead the efforts on expense control. For details, pls refer the attachment.

pdf

Embassy Developments Ltd.

15 May 2020

103.92

2.13%

Company Update

INDIABULLS REAL ESTATE LTD. - 532832 - Shareholding for the Period Ended March 31, 2020

BSE India

Indiabulls Real Estate Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2020. For more details, kindly Click here

Is Indiabulls Real Estate Ltd. worth buying?

685 Votes:

Buy 81.61%

Sell 10.36%

Hold 8.03%