Embassy Developments promoter Jitendra Virwani acquired 3,48,500 equity shares through the open market on September 30, 2026, the company said in a BSE filing dated October 5, 2026. The purchase was valued at approximately Rs 1.99 crore and increased his disclosed individual shareholding to 0.10%.

Virwani, who is also the company's Chairman and Non-Executive Director, executed the transaction on the National Stock Exchange of India. The accompanying disclosure recorded an exact transaction value of Rs 1,99,28,015.71, excluding taxes, brokerage and other charges.

The filing identifies the transaction as a purchase of equity shares. Both the start and end dates recorded for the acquisition were September 30, 2026.

Virwani's holding rises to 13.83 lakh shares

Following the acquisition, Virwani held 13,82,970 equity shares, representing 0.10% of Embassy Developments. Before the purchase, his holding stood at 10,34,470 shares, or 0.07%, according to the disclosure submitted with the exchange filing.

Holding position Equity shares Shareholding
Before acquisition 10,34,470 0.07%
After acquisition 13,82,970 0.10%

These figures relate to Virwani's own disclosed holding. The percentages in the filing describe his position before and after the acquisition; they do not represent the aggregate shareholding of the company's promoter group.

The additional 3,48,500 shares account for the change between the two reported holdings. The transaction details specify an on-market acquisition, with NSE identified as the exchange where the trade was executed.

Disclosure submitted to BSE and NSE

Virwani intimated the company about the acquisition on October 5, 2026. His communication enclosed the prescribed disclosure under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Embassy Developments subsequently submitted the information to BSE and NSE under Regulation 7(2)(b) of the same regulations. Company Secretary Vikas Khandelwal signed the company's covering letter, which enclosed the promoter's disclosure for the exchanges' records.

The company, formerly known as Equinox India Developments Limited, is identified in the submission by BSE scrip code 532832 and NSE symbol EMBDL. The enclosed form marked the derivatives-trading particulars as not applicable.