Embassy Developments Limited (EMBDL) provided an update on its proceedings before the Hon'ble National Company Law Appellate Tribunal (NCLAT). The matter, which was scheduled for further arguments and disposal on February 5, 2026, could not be taken up due to time constraints and has been adjourned to February 19, 2026. The company confirmed that the order passed by the Hon'ble National Company Law Tribunal (NCLT) to admit the Corporate Insolvency Resolution Process (CIRP) continues to remain stayed by the NCLAT. Consequently, the NCLT order is presently inoperative, and all related proceedings are stayed. Embassy Developments Limited stated that it continues to remain fully operational and financially sound. This update follows a previous intimation dated January 23, 2026, and is disseminated in line with the company's commitment to governance and timely disclosure for all stakeholders.
