Embassy Office Parks REIT has informed the Exchange regarding Disclosure of material issue

Embassy REIT reported a record Q1 FY2026, leasing 2.0 million sq ft across 25 deals (highest-ever Q1, up 9% YoY) at 35% blended spreads, with GCCs driving 64% of leasing. Revenue from operations rose 13% YoY to ₹1,060 crores, Net Operating Income grew 15% YoY to ₹872 crores, and EBITDA was up 12% YoY at ₹842 crores. Distributions of ₹5.80 per unit (₹550 crores total) were declared, up 4% YoY, with record date August 5 and payment on or before August 12, 2025. Portfolio occupancy improved to 88% by area and 91% by value. The REIT raised ₹4,225 crores of debt at a blended 7.18% coupon, including a ₹750 crore NCD at 6.97% (lowest in 4 years), and post-quarter became the first Indian REIT to issue a 10-year NCD (₹2,000 crores at 7.33%). It entered binding documents to divest ~376k sq ft strata blocks at Embassy Manyata for ₹5,300 mn and received an invitation from Embassy Developments for a potential 3.3 msf Whitefield project, currently under evaluation. FY2026 guidance was reaffirmed: DPU ₹24.50–26.00, NOI ₹35.9–38.1 bn, occupancy 90–91%. Amit Shetty was appointed CEO effective August 1, 2025, replacing Ritwik Bhattacharjee who becomes Senior Advisor.