Promoter Jitendra Virwani acquires 3,48,500 equity shares through open market

Promoter & Chairman Jitendra Virwani acquired 3,48,500 equity shares of Embassy Developments Ltd via the open market on 30-Sep-26, for Rs. 1,99,28,015.71.

Mon 5 Oct 2026

Shares Acquired

3,48,500 equity shares

Transaction Value

Rs. 1,99,28,015.71

Holding Before Acquisition

10,34,470 shares (0.07%)

Holding After Acquisition

13,82,970 shares (0.10%)

Date of Acquisition

30-Sep-26

What was disclosed

• Mr. Jitendra Virwani, Promoter and Chairman & Non-Executive Director of Embassy Developments Ltd, acquired 3,48,500 (Three Lakh Forty-Eight Thousand Five Hundred) equity shares of the company.
• The shares were acquired through the open market, and the trade was executed on the National Stock Exchange of India Limited.
• Date of acquisition of shares: 30-Sep-26. Date of intimation to the company: 05-Oct-26.
• The company shared the disclosure along with Form B received from the promoter.

The numbers

• Equity shares acquired: 3,48,500
• Value of the transaction: Rs. 1,99,28,015.71
• Value excludes taxes, brokerage and any other charges
• Shareholding before the acquisition: 10,34,470 shares, or 0.07%
• Shareholding after the acquisition: 13,82,970 shares, or 0.10%
• Category of person: Promoter, and Chairman & Non-Executive Director
• Securities involved: equity shares; the trade was a Purchase

How to read this

A promoter buying shares in the open market is a transaction in the promoter's own name, disclosed to the exchanges under the insider trading rules. Such disclosures tell you what a promoter did with his own money on a given date, along with how his holding changed before and after.

Here the stake moved from 10,34,470 shares (0.07%) to 13,82,970 shares (0.10%) after buying 3,48,500 shares. For a retail investor, this is factual information about a promoter transaction, and it is one data point among many when looking at a company.

Trading in derivatives

The disclosure records no derivatives trading by the promoter in the securities of the company — those columns are marked N.A.

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