Embassy Office Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Mr. Arvind Kathpalia (DIN: 02630873) resigned as a Non-Executive Non-Independent Director of Embassy Office Parks Management Services Private Limited, the Manager to Embassy REIT, effective October 8, 2025. He was originally appointed on June 4, 2024 as a Unitholder Nominee Director nominated by Kotak Performing RE Credit Strategy Fund I (KPRECS I) and APAC Company XXIII Limited (APAC), who together held over 10% of Embassy REIT's units. His resignation comes because KPRECS I and APAC's combined unitholding has now fallen below the 10% threshold, removing their right to nominate a director. The resignation letter has been submitted to the stock exchanges and the Registrar of Companies.
This is a routine, non-event-driven change triggered by a reduction in a major unitholder's stake below the 10% nomination threshold. No governance concerns or operational changes are implied, and the move is unlikely to have any material impact on the REIT's business or unit price.