Embassy Developments Ltd. Corporate Filings & Announcements

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

Load latest

Embassy Developments Ltd.

03 Mar 2020

102.69

-1.54%

Company Update

Indiabulls Real Estate Ltd - 532832 - Update On Proposal Of The Merger Of Certain Ongoing, …

BSE India

In continuation to the exchange communication dt 31.01.2020, regarding proposal of the merger of certain ongoing, completed and planned residential and commercial projects of Embassy Property Developments Pvt Ltd (Embassy) with Indiabulls Real Estate Ltd (IBREL) (Merger), we wish to inform that the process of valuation of such Embassy assets by independent valuers for arriving at the share swap ratio for the proposed Merger is progressing well. Additionally, Embassy has also reached at an advanced stage of discussions with foreign financial investors such as Blackstone and others for an investment of upto USD 200 mn. Upon the Merger, these foreign investors will also become shareholders of the merged IBREL, a listed entity. Best effort endeavors are being made by Embassy and IBREL to execute transaction documents on or before 23rd March 2020 and a scheme of amalgamation, for the proposed Merger will accordingly be placed before the Board of Directors of the Company for its approval.

pdf

Embassy Developments Ltd.

13 Feb 2020

102.69

-1.54%

AGM

Indiabulls Real Estate Ltd - 532832 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

BSE India

Please find enclosed a copy of the Postal Ballot Notice dated February 10, 2020, for seeking approval of the Members to the special business as contained in the said Notice. The said Postal Ballot Notice, together with Explanatory Statement and Postal Ballot Form, has been sent to the shareholders of the Company through permitted modes, whose name appear on the Register of Members/list of Beneficial Owners received from the Registrar and Transfer Agent, National Securities Depository Limited and Central Depository Services (India) Limited, as on February 07, 2020 i.e. the Cut-off date. The Company has engaged the services of KFin Technologies Private Limited for providing the e-voting facility to all the holders of Equity Shares. The voting through postal ballot and e-voting will commence at 10:00 AM on Monday, February 17, 2020 and shall end at 5:00 PM on Tuesday, March 17, 2020. The results of postal ballot will be declared latest by Wednesday, March 18, 2020.

pdf

Embassy Developments Ltd.

10 Feb 2020

102.69

-1.54%

Company Update

Indiabulls Real Estate Ltd - 532832 - Earnings Update For The Quarter And Nine Months Ended …

BSE India

Please find enclosed herewith an Earnings Update of Indiabulls Real Estate Limited for the quarter and nine months ended December 31, 2019, for your information and record.

pdf

Embassy Developments Ltd.

10 Feb 2020

102.69

-1.54%

Result

Indiabulls Real Estate Ltd - 532832 - Submission Of Unaudited Financial Results (Standalone And Consolidated) Of …

BSE India

Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we enclose hereto, for your information and record, the unaudited standalone and consolidated financial results of Indiabulls Real Estate Limited ('the Company') for the quarter and nine months ended December 31, 2019, duly approved by the Board of Directors of the Company at its meeting held today, February 10, 2020. We also submit herewith Limited Review Reports dated February 10, 2020, issued by the Statutory Auditors of the Company, on the said standalone and consolidated financial results respectively of the Company, which were duly placed before the Board at the aforesaid meeting, which commenced at 05:00 p.m. and concluded at 06:05 p.m.

pdf

Embassy Developments Ltd.

10 Feb 2020

102.69

-1.54%

Earnings Call Transcript - Indiabulls Real Estate

Full Earnings Transcript: Conference Call between Management and Analysts

pdf

Embassy Developments Ltd.

04 Feb 2020

102.69

-1.54%

Board Meeting

INDIABULLS REAL ESTATE LTD. - 532832 - Board Meeting Intimation for Intimation Of Board Meeting For …

BSE India

INDIABULLS REAL ESTATE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2020 ,inter alia, to consider and approve inter alia the unaudited financial results of the Company for the quarter and nine months ended December 31, 2019. We further wish to inform that in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in securities of the Company which had been closed earlier, shall remain closed till February 12, 2020.

pdf

Embassy Developments Ltd.

04 Feb 2020

102.69

-1.54%

Board Meeting

Indiabulls Real Estate Ltd - 532832 - Board Meeting Intimation for Intimation Of Board Meeting For …

BSE India

pdf

Embassy Developments Ltd.

31 Jan 2020

102.69

-1.54%

Company Update

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

BSE India

The Board has discussed & considered the proposal of reorganisation of Company's business and in-principally approved the proposal of merger of certain ongoing, completed & planned residential & commercial projects of Embassy Property Developments P Ltd (Embassy) with IBREL. Embassy is in discussions with financial investors such as Blackstone and others to raise upto $200 million before the Merger. This equity investment of $200 million will bring significant cash in the Merged IBREL for expanding its business operations. The Merged IBREL will be the development arm for both commercial and residential assets. Under the proposed Merger, certain ongoing, completed & planned residential & commercial projects of Embassy shall stand transferred to IBREL. Post effectiveness of Merger, IBREL will have following segment of shareholder (1) IBREL's existing shareholders, (2) Embassy shareholders i.e. Embassy promoters, Blackstone/financial investors etc. For details refer the attachment.

pdf

Embassy Developments Ltd.

18 Jan 2020

102.69

-1.54%

Company Update

Indiabulls Real Estate Ltd - 532832 - Shareholding for the Period Ended December 31, 2019

BSE India

Indiabulls Real Estate Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2019. For more details, kindly Click here

Embassy Developments Ltd.

09 Jan 2020

102.69

-1.54%

Company Update

Indiabulls Real Estate Ltd - 532832 - Statement Of Investor Complaints For The Quarter Ended December 2019

BSE India

No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0550 Name of the Signatory :- Ravi TelkarDesignation :- Company Secretary and Compliance Officer

Is Indiabulls Real Estate Ltd. worth buying?

686 Votes:

Buy 81.63%

Sell 10.35%

Hold 8.02%