Embassy Developments Ltd

We wish to inform that the Board of Directors of Indiabulls Real Estate Limited (the Company) atits meeting held today i.e. August 10 2023 (which was commenced at 02:00 P.M. and concluded at03:50 P.M.) inter alia considered and approved the following:(a) unaudited financial results (standalone and consolidated) of the Company for the quarterended June 30 2023 (financial results).(b) Issue of Non-Convertible Debentures (NCDs) and/or Bonds on private placementbasis.For more details please refer attachment.