Embassy Developments promoters complete 1,160 crore fund infusion to strengthen balance sheet and drive growth

Embassy Developments promoters have infused 1,160 crore through warrant subscriptions. This strengthens the company's financial position. Funds will aid ongoing projects and future growth in Bengaluru, Delhi NCR, and Mumbai Metropolitan Region. Embassy Group is now the promoter with a 41.4% stake following a merger. The company was renamed Embassy Developments Limited.