Embassy Office Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
The Debenture Committee of Embassy Office Parks REIT's Manager, at a meeting on February 20, 2026, approved the issuance of 1,40,000 secured, listed, rated, redeemable, non-convertible debentures (Series XVI) on a private placement basis. Each debenture has a face value of ₹1,00,000, aggregating to a principal amount of up to ₹1,400 Crores, with a tenure of up to 10 years. The proceeds will be used to repay existing debt and/or fund capital expenditure of the REIT's SPVs. This is part of the broader ₹10,500 Crore debt raising plan previously approved by the Board in April and July 2025.
This is a routine debt-refinancing/capital expenditure move within a pre-approved borrowing limit. Short-term impact on unit price is likely neutral, though successful placement at favourable terms could ease refinancing pressure on the REIT.