Embassy Developments Limited (EMBDL) has announced the voluntary strike-off of its non-operational wholly owned subsidiary, M/s Ariston Investments Limited (AIL). This action is part of a broader initiative by EMBDL to simplify its corporate structure and reduce administrative and compliance costs. AIL had previously submitted a voluntary application to the Registrar of Companies in the Republic of Mauritius (ROC). Following this application, AIL's name has been officially struck off from the ROC's register, leading to its dissolution. Consequently, AIL is no longer a wholly owned subsidiary of EMBDL. The company has clarified that this event does not constitute the sale of any unit, division, undertaking, or subsidiary. The effective date of the strike-off, as indicated in the notice from the ROC, was February 4, 2026. This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
