Embassy Developments Limited informed that the Board's constituted committee of the Company has, at its meeting held on January 29, 2026, discussed and approved raising of funds through the issuance of upto 40,000 Non-Convertible Debentures of face value INR 100,000/- each of the Company ("NCDs" or "Debentures"), aggregating upto INR 4,000 million, in one or more tranches, on a private placement basis, in compliance applicable provisions of the Companies Act, 2013 (the "Act"), read with applicable Rules framed thereunder and other applicable laws.