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In furtherance to intimations dated April 23, 2019 and August 14, 2019, Indiabulls Real Estate has informed that pursuant to and in terms of the authorization of shareholders of the Company vide special resolution passed at Annual General Meeting held on 28th September 2019, with almost 100% favorable votes without participation of the promoters and promoter group, the Company’s wholly owned subsidiary has divested its entire stake in Century, which indirectly owns Hanover Square property, London (London Property), to Clivedale Overseas, an entity owned by the Promoters of the Company. With this, the Century ceases to be a subsidiary of the Company. The details, in terms of Regulation 30 of SEBI LODR read with SEBI Circular no CIR/CFD/CMD/4/2015, dated September 9, 2015, are attached. 

The above information is a part of company’s filings submitted to BSE.

Embassy Developments Share Price

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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