Embassy Developments allots INR 250 cr NCDs at 11% coupon (Tranche 1 of INR 400 cr)
EMBDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.6 pts less than Nifty Microcap 250 and 3.5 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Embassy Developments allotted 25,000 secured NCDs worth INR 250 crores via private placement on January 30, 2026. This is Tranche A of a total INR 400 crores issue. NCDs carry an 11% annual coupon, paid quarterly after 6-month moratorium. Tenure is 42 months, principal repaid in 10 equal instalments after 4-quarter moratorium. NCDs are secured by company assets and will not be listed.
Adds INR 250 cr debt at 11% interest cost - raises leverage and interest burden. No equity dilution for shareholders.