Embassy Developments has announced record pre-sales for the fourth quarter of FY26, reaching ₹2,632 crore. This surge contributed to a 128% year-on-year increase for the full fiscal year, with FY26 pre-sales hitting ₹4,631 crore. However, the company’s shares have been placed under temporary stock exchange surveillance due to recent price volatility.
Trading Under Scrutiny
The company’s equity shares are now subject to an Additional Surveillance Measure (ASM), Stage 1. This measure is a precautionary step taken by stock exchanges when a stock’s price increases by over 25% within five trading sessions, designed to monitor market activity and ensure orderly trading.
Legal Stay Continues Amid Insolvency Clarification
Embassy…