12:00 AM, 27th Jun 2025
Embassy Developments Limitedrmedthat Embassy Developments Limited (formerly Equinox India Developments Limited andearlier Indiabulls Real Estate Limited) (the Company ) has today i.e. on June 26, 2025,acquired 100% equity shares of Squadron Developers Private Limited ( SDPL ) for INR456.61 crore arrived basis closing adjustments to the agreed enterprise value of INR 455 crore.For more details, please refer attachment.