Please find attached Annual Secretarial Compliance Report for the FY 2024-25.
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Embassy Developments Ltd (formerly Equinox India Developments Ltd, earlier Indiabulls Real Estate Ltd) has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under Regulation 24A of SEBI LODR Regulations. The report was issued by S. Khandelwal & Co., Practicing Company Secretaries. The auditor confirmed the company has complied with all applicable SEBI regulations, circulars, and guidelines during the review period. There were zero observations, deviations, or non-compliances across all 13 areas checked, including secretarial standards, related party transactions, insider trading, and disclosure norms. No actions were taken by SEBI or stock exchanges against the company, and there were no prior pending observations to remediate.
This is a routine compliance filing with no negative findings, which is mildly positive for shareholders as it confirms the company has maintained good governance standards. No material impact on the stock price is expected from this disclosure.