Embassy REIT Approves Allotment of ₹1,400 Crore Non-Convertible Debentures at 7.49% Coupon Rate
Mumbai, February 27, 2026: Embassy Office Parks REIT has informed the stock exchanges that its Debenture Committee has approved the allotment of 1,40,000 listed, rated, secured, redeemable, transferable, rupee denominated, non-convertible debentures with a face value of ₹1,00,000 each, aggregating to a principal amount of up to ₹1,400 crore .
Debenture Details
The Series XVI Debentures have a tenure of 10 years, with a coupon rate of 7.49% per annum payable quarterly from the deemed date of allotment (February 27, 2026) up to the scheduled redemption date. The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited .
The coupon rate was discovered on the basis of the multiple yield allotment method through the Electronic Book Building Platform of BSE Limited on February 26, 2026 .
Consideration Received
Embassy REIT has received consideration of ₹1,400 crore against the aggregate principal amount of up to ₹1,400 crore .
Regulatory Compliance
The allotment follows the intimation provided to the exchanges on February 20, 2026, regarding the proposed issuance. The terms and conditions, including tenure, date of allotment, date of maturity, coupon rate, schedule of payment, charge created over assets, and special rights/privileges, are as mentioned in the Key Information Document dated February 24, 2026 . .
About Embassy REIT
Embassy Office Parks REIT is India's first publicly listed Real Estate Investment Trust, with a portfolio comprising office parks and hospitality assets across India's key commercial markets