Embassy Office Parks REIT

Embassy Office Parks Management Services Private Limited, acting as manager to Embassy Office Parks REIT, announced that its Borrowings Committee approved the allotment of Rs 400 crore of listed, rated, redeemable, transferable, rupee-denominated Commercial Papers, designated as “CP Tranche XI Issue,” on a private placement basis, with a tenure of 91 days and a yield of 6.75%. The Commercial Papers are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602), India’s first listed REIT, will be included in the Nifty 500 and Nifty Midcap 150 indices, effective September 30, 2026, according to a review by NSE Indices Limited, making it the only REIT in the Nifty Midcap 150. The inclusion, alongside several other broad-based NSE indices, expands investor access and visibility for the REIT, which owns and operates over 52 million square feet of office spaces across India.

Embassy Office Parks Management Services Private Limited, acting as the manager to Embassy Office Parks REIT, announced that its Borrowings Committee approved the issuance of Rs 400 crore of listed, rated, redeemable, transferable, rupee-denominated commercial papers with a tenure of 91 days, to be used for repaying existing debt and working capital purposes. The issuance, designated as “CP Tranche XI Issue,” is subject to the condition that the total outstanding amount raised through commercial papers does not exceed 10% of Embassy REIT’s consolidated outstanding debt, as previously approved by the Board of Directors on April 27, 2026, to raise up to Rs 9,000 crore.

Embassy REIT is experiencing robust leasing demand, particularly in Bangalore, fueled by a “flight to quality” that allows the company to command rental premiums of 20-25% across its portfolio. The REIT currently holds 22 million square feet of requests for proposals and anticipates continued strong leasing momentum, alongside premium rental rates, in the coming months. Approximately Rs 7,000 crores of debt will need to be refinanced by 2028, with a near-term need of Rs 4,300-4,400 crores, and the REIT is adopting a flexible approach to refinancing, considering both fixed and floating rates. The transition of the Four Seasons operator is expected by the end of the financial year, and a Hilton Garden Inn recently opened, achieving GOP breakeven ahead of schedule. The REIT expects a cash tax rate of around 6% of revenue for the next 1-2 years, and has seen a surge in new Global Capability Centers entering India.

Embassy Office Parks Management Services Private Limited, acting as the manager to Embassy REIT, has released audio recordings of an earnings conference call held on July 30, 2026, to discuss the REIT’s financial results for the quarter ended June 30, 2026, which are available at https://eopwebsvr.blob.core.windows.net/media/filer_public/34/dd/34ddfea3-9ac2-4e57-9df8-ea6a783faf3e/10045402.mp3.

Net profit of Embassy Office Parks REIT rose 25.81% to Rs 195.22 crore in the quarter ended June 2026 as against Rs 155.17 crore during the previous quarter ended June 2025. Sales rose 17.08% to Rs 1240.81 crore in the quarter ended June 2026 as against Rs 1059.79 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1240.811059.79 17 OPM %77.3177.46 - PBDT609.28496.80 23 PBT299.97207.25 45 NP195.22155.17 26 Powered by Capital Market - Live

Embassy Office Parks REIT will hold a meeting of the Board of Directors of the Company on 30 July 2026.

Embassy Office Parks REIT announced that the 8th Annual General Meeting(AGM) of the company will be held on 24 July 2026.

Embassy Office Parks REIT announced that the Board of Directors of the Company at its meeting held on 27 April 2026, inter alia, have recommended the final dividend of Rs 6.5 per equity Share (i.e. 2.16666%) , subject to the approval of the shareholders.

Net Loss of Embassy Office Parks REIT reported to Rs 430.02 crore in the quarter ended March 2026 as against net loss of Rs 242.88 crore during the previous quarter ended March 2025. Sales rose 10.95% to Rs 1204.68 crore in the quarter ended March 2026 as against Rs 1085.82 crore during the previous quarter ended March 2025. For the full year,net profit declined 79.16% to Rs 338.55 crore in the year ended March 2026 as against Rs 1624.44 crore during the previous year ended March 2025. Sales rose 13.45% to Rs 4582.36 crore in the year ended March 2026 as against Rs 4038.93 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1204.681085.82 11 4582.364038.93 13 OPM %74.9428.55 -76.5759.55 - PBDT574.486.83 8311 2222.351334.56 67 PBT184.90-295.36 LP 956.56193.04 396 NP-430.02-242.88 -77 338.551624.44 -79 Powered by Capital Market - Live