BPTP, one of North India’s leading real estate developers, has won top honours in both the residential and commercial segments at The Times Realty Awards 2026, powered by GoodHomes. The platform is among the country’s most credible and high-visibility real estate award forums and is one of the first major industry recognitions of 2026. Backed by The Times Group’s reach and GoodHomes’ editorial credibility, the awards recognize excellence, innovation, and leadership across India’s real estate sector.

BPTP Wins Top Honors at The Times Realty Awards 2026 Powered by GoodHomes For Amstoria Verti Greens & GAIA Residences

At the prestigious awards ceremony, BPTP was recognised across both residential and commercial segments with two major wins:

• Iconic Residential Project – BPTP Amstoria Verti Greens & GAIA Residences

• Iconic Commercial Project – BPTP Capital City

These recognitions reaffirm BPTP’s continued commitment to creating landmark developments driven by design excellence, sustainability, functionality, and customer-centric planning.

BPTP Amstoria Verti Greens & GAIA Residences, located along the Dwarka Expressway, have been recognized for redefining premium high-rise living through design-led architecture and advanced building specifications. Spread across a thoughtfully planned development footprint, the project feature a distinctive glass-and-metal façade with double-glazed systems for enhanced thermal performance and noise reduction. With multi-level sky gardens and curated lifestyle zones such as wellness decks, co-working spaces, reading lounges, and recreation areas, the development blends vertical luxury living with green, experiential spaces.

BPTP Capital City, Sector 94, Noida, recognized as the Iconic Commercial Project, has been acknowledged for its scale, integrated master planning, and future-ready business ecosystem. Conceived as a next-generation mixed-use commercial destination, the development sets a strong benchmark in modern workspace design, urban commercial infrastructure, and sustainability-led operations.

Commenting on the achievement, Manik Malik, CEO & President, BPTP, “We are honored to receive this recognition at The Times Realty Awards 2026 powered by GoodHomes. Winning across both residential and commercial categories reflects the strength of our integrated development philosophy, our focus on design and sustainability, and our commitment to execution excellence. These awards motivate us to continue raising benchmarks and delivering high-quality, future-ready spaces that create long-term value for our customers and stakeholders.”

The Times Realty Awards recognise outstanding achievements in Indian real estate and provide a trusted platform to showcase projects that demonstrate innovation, quality, and impact. The 2026 edition brought together leading developers, architects, and industry stakeholders to highlight developments shaping the future of urban India.

About BPTP

BPTP is one of India’s most trusted and leading real estate developers, with a strong presence in the Delhi-NCR region. The company has delivered over 25,000 units, as well as numerous landmark residential and commercial projects that blend cutting-edge design, modern architecture, and sustainable living solutions. Known for its innovative and customer-centric approach, BPTP continues to redefine urban luxury through future-first development, premium amenities, and a commitment to excellence, transparency, and elegant, efficient living.
 

VinFast has been recognised with two prestigious honours at the Auto Excellence Awards 2026, reinforcing its growing presence and impact in India’s rapidly evolving electric mobility landscape. The brand was awarded “Emerging EV Brand of the Year”, while its all-electric compact SUV, the VF 6, secured the title of “Value for Money EV of the Year.”

Bhartendu Singh (center), Chief Marketing Officer of VinFast India, received the awards from the organizers of the Auto Excellence Awards 2026

The Auto Excellence Awards by Carbike360 & CMV360 are among India’s leading automotive accolades, celebrating excellence across vehicle segments based on independent evaluations, real-world relevance, innovation, and consumer value. The dual recognition highlights VinFast’s focused approach to delivering electric vehicles that combine modern design, advanced technology, safety, and competitive pricing tailored for Indian customers.

VinFast’s recognition as Emerging EV Brand of the Year reflects the brand’s strong market entry strategy, rapid brand recall, and clear commitment to building a sustainable and customer-centric electric vehicle ecosystem in India. From product planning to localization and long-term infrastructure development, VinFast has positioned itself as a serious and future-ready EV player in the country.

The VinFast VF 6, awarded Value for Money EV of the Year, impressed the jury with its balanced proposition in the highly competitive electric SUV segment. Designed to meet the expectations of urban and first-time EV buyers, the VF 6 offers a compelling mix of contemporary design, practical range, smart features, strong safety credentials, and accessible pricing—making electric mobility more attainable for a wider audience. In addition, VinFast’s growing product portfolio, including the premium VF 7, continues to strengthen the brand’s positioning in India, offering customers a higher-segment electric SUV that combines bold design, advanced technology, strong performance, and top-tier safety standards.

Speaking on the achievement, Mr. Tapan Ghosh, CEO, VinFast India, said, “We are honoured to receive these recognitions at the Auto Excellence Awards 2026. Being named Emerging EV Brand of the Year validates our vision and long-term commitment to India, while the VF 6 winning Value for Money EV of the Year underscores our focus on delivering thoughtfully designed electric vehicles that truly resonate with Indian consumers. These awards motivate us to continue raising the bar in our journey towards sustainable mobility.”

Ashish Masih, Editor-in-Chief, CarBike360 added, “VinFast has made a confident and promising entry into the Indian EV market. The brand’s clear strategy, coupled with products like the VF 6 that prioritizes value, usability, and technology, makes VinFast a deserving winner in both categories this year.”

With a structured investment roadmap, VinFast is steadily building a comprehensive electric vehicle ecosystem in India, encompassing manufacturing, sales and service networks, charging solutions, and customer support. Guided by innovation and sustainability, VinFast aims to play a key role in accelerating India’s transition to greener mobility.

About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. 

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: vinfastauto.in

As India’s private markets enter a more mature phase—marked by larger, professionally scaled companies, generational transitions among promoter-led businesses, and deeper pools of institutional capital—buyouts are rapidly emerging as a defining pillar of the country’s private equity ecosystem. Reflecting this structural evolution, the Indian Venture and Alternate Capital Association (IVCA) today is hosting the IVCA Buyouts Summit 2026 in Mumbai. 

IVCA Buyouts Summit 2026 to Highlight Growth of Control-Led PE Deals in India

Supported by Aurum Equity Partners LLP, Investec, and EY-Parthenon, the Summit is convening leading domestic and global private equity funds, general partners (GPs), limited partners (LPs), policymakers, lenders, and transaction advisors to examine how control-led investments are reshaping capital deployment, governance, and long-term value creation in India.

Over the last few years, Indian PE buyouts have moved from being an opportunistic strategy to a core component of private capital allocation. Since 2020, buyouts have ranked among the top PE-VC strategies, with $47.5 billion deployed across 174 deals, underscoring growing confidence in India’s ability to support control transactions at scale. Notably, control and majority ownership transactions now account for nearly 30 per cent of total deal value, reflecting their growing share within the market.

This momentum reflects deeper structural changes across the ecosystem—greater operating maturity among GPs, increasing clarity around promoter succession, improved governance frameworks, and a growing preference among LPs for control-led strategies that enable disciplined capital allocation and operational transformation. Buyout deal value reached a peak of approximately $17 billion in 2024, up from $12 billion in 2023, signalling both market depth and institutional readiness. Momentum continued into late 2025, with buyouts leading PE-VC activity in November at $2.1 billion, representing a 37 per cent year-on-year increase.

Against this backdrop, the IVCA Buyouts Summit 2026 is designed as a focused, execution-oriented platform to examine how control capital is being deployed and scaled in the Indian context. Through panel discussions and closed-door conversations, participants are deliberating on investment strategies, governance and leadership transitions, operational value-creation playbooks, capital structuring, exit pathways, and evolving regulatory considerations. The emphasis is on real-world experience sharing—what has worked, what has not, and what is required to build resilient buyout platforms across cycles.

Commenting on the growing relevance of buyouts in India, Rajat Tandon, President, IVCA, said, “India’s private equity market is entering a phase where the nature of capital matters as much as its availability. As companies mature and succession considerations become more pronounced, buyouts are emerging as a critical enabler of continuity, professionalisation, and long-term value creation. Control transactions allow investors to engage more deeply with management teams, strengthen governance, and drive operational transformation in a way that supports sustainable growth.”

He added, “The next phase of India’s buyout market will be defined not just by deal execution, but by disciplined value creation, thoughtful capital structuring, and credible exit pathways. Through the IVCA Buyouts Summit 2026, we aim to bring together experienced market participants to share practical insights and help reinforce the institutional frameworks needed to build a globally competitive buyout ecosystem in India.”

Highlighting the growing role of structured financing in supporting buyout activity, Piyush Gupta, Head – Credit Markets, Investec India, said, “Buyouts and control deals have been increasingly taking a larger share of the annual private equity investments in India for last many years to now form more than half of the annual volumes. This growth has been also driven, amongst other things, by a deepening leverage finance market for Indian buyouts. As buyout activity continues to expand in India, leverage finance and private credit’s role in bridging capital gaps and aligning stakeholder interests is set to become even more integral to private equity investments in India.”

Commenting on India’s growing relevance within global buyout strategies, Sanjay Bansal, Founder & Managing Partner, Aurum Equity Partners, said, “Buyouts in India are becoming an integral part of global private equity portfolios. Indian owners are increasingly embracing full exits, while PE Funds’ focus is shifting towards long-term value creation and institutionalising businesses, cementing India’s status as a key destination for large-scale control transactions. The next wave of PE in India isn’t just about providing capital—it’s about building world-class enterprises through strategic direction provided by highly talented leadership and mentorship and adopting the highest governance standards.”

Sharing perspectives on how buyouts have evolved into a mainstream strategy, Vivek Soni, Partner and National Leader, Private Equity Services, EY, said, “In the post-COVID world, PE-backed buyouts in India have strongly emerged as a mainstream investment strategy. PE funds have built operational teams and are increasingly confident of controlling and running complex businesses across sectors in partnership with founders, promoters and professional management. The buoyant and deepening capital markets have played a good role in providing exits to buyout funds at good returns, accelerating further deployment into this investment strategy. Buyouts now account for a substantial share of PE investments by deal value and this is a leading indicator of the continued evolution of the Indian PE sector.”

The Summit brings together stakeholders across capital, financing, and advisory to assess how India’s buyout market is evolving and what it will take to sustain momentum over the long term. Discussions also explore the role of policy certainty, governance standards, and aligned stakeholder expectations in supporting the continued expansion of control-led investments.

As India’s private markets deepen and institutional capital assumes a larger role in shaping corporate outcomes, platforms such as the IVCA Buyouts Summit 2026 serve as ecosystem enablers—aligning capital, capability, and policy through informed dialogue. By fostering experience-driven and evidence-based conversations, IVCA continues to strengthen the foundations of a robust, resilient, and globally competitive buyout market in India. 

About Indian Venture and Alternate Capital Association (IVCA)
The Indian Venture and Alternate Capital Association (IVCA) is a not-for-profit, apex industry body promoting the alternate capital industry and fostering a vibrant investing ecosystem in India. IVCA is committed to supporting the ecosystem by facilitating advocacy discussions with the Government of India, policymakers, and regulators, resulting in the rise of entrepreneurial activity, innovation, and job creation in India and contributing towards the development of India as a leading fund management hub. IVCA represents 500+ funds with a combined AUM of over $350 billion. Our members are the most active domestic and global VCs, PEs, funds for infrastructure, real estate, credit funds, limited partners, investment companies, family offices, corporate VCs, and knowledge partners. These funds invest in emerging companies, venture growth, buyout, special situations, distressed assets, and credit and venture debt, among others.

As India’s private markets enter a more mature phase—marked by larger, professionally scaled companies, generational transitions among promoter-led businesses, and deeper pools of institutional capital—buyouts are rapidly emerging as a defining pillar of the country’s private equity ecosystem. Reflecting this structural evolution, the Indian Venture and Alternate Capital Association (IVCA) today is hosting the IVCA Buyouts Summit 2026 in Mumbai. 

IVCA Buyouts Summit 2026 to Highlight Growth of Control-Led PE Deals in India

Supported by Aurum Equity Partners LLP, Investec, and EY-Parthenon, the Summit is convening leading domestic and global private equity funds, general partners (GPs), limited partners (LPs), policymakers, lenders, and transaction advisors to examine how control-led investments are reshaping capital deployment, governance, and long-term value creation in India.

Over the last few years, Indian PE buyouts have moved from being an opportunistic strategy to a core component of private capital allocation. Since 2020, buyouts have ranked among the top PE-VC strategies, with $47.5 billion deployed across 174 deals, underscoring growing confidence in India’s ability to support control transactions at scale. Notably, control and majority ownership transactions now account for nearly 30 per cent of total deal value, reflecting their growing share within the market.

This momentum reflects deeper structural changes across the ecosystem—greater operating maturity among GPs, increasing clarity around promoter succession, improved governance frameworks, and a growing preference among LPs for control-led strategies that enable disciplined capital allocation and operational transformation. Buyout deal value reached a peak of approximately $17 billion in 2024, up from $12 billion in 2023, signalling both market depth and institutional readiness. Momentum continued into late 2025, with buyouts leading PE-VC activity in November at $2.1 billion, representing a 37 per cent year-on-year increase.

Against this backdrop, the IVCA Buyouts Summit 2026 is designed as a focused, execution-oriented platform to examine how control capital is being deployed and scaled in the Indian context. Through panel discussions and closed-door conversations, participants are deliberating on investment strategies, governance and leadership transitions, operational value-creation playbooks, capital structuring, exit pathways, and evolving regulatory considerations. The emphasis is on real-world experience sharing—what has worked, what has not, and what is required to build resilient buyout platforms across cycles.

Commenting on the growing relevance of buyouts in India, Rajat Tandon, President, IVCA, said, “India’s private equity market is entering a phase where the nature of capital matters as much as its availability. As companies mature and succession considerations become more pronounced, buyouts are emerging as a critical enabler of continuity, professionalisation, and long-term value creation. Control transactions allow investors to engage more deeply with management teams, strengthen governance, and drive operational transformation in a way that supports sustainable growth.”

He added, “The next phase of India’s buyout market will be defined not just by deal execution, but by disciplined value creation, thoughtful capital structuring, and credible exit pathways. Through the IVCA Buyouts Summit 2026, we aim to bring together experienced market participants to share practical insights and help reinforce the institutional frameworks needed to build a globally competitive buyout ecosystem in India.”

Highlighting the growing role of structured financing in supporting buyout activity, Piyush Gupta, Head – Credit Markets, Investec India, said, “Buyouts and control deals have been increasingly taking a larger share of the annual private equity investments in India for last many years to now form more than half of the annual volumes. This growth has been also driven, amongst other things, by a deepening leverage finance market for Indian buyouts. As buyout activity continues to expand in India, leverage finance and private credit’s role in bridging capital gaps and aligning stakeholder interests is set to become even more integral to private equity investments in India.”

Commenting on India’s growing relevance within global buyout strategies, Sanjay Bansal, Founder & Managing Partner, Aurum Equity Partners, said, “Buyouts in India are becoming an integral part of global private equity portfolios. Indian owners are increasingly embracing full exits, while PE Funds’ focus is shifting towards long-term value creation and institutionalising businesses, cementing India’s status as a key destination for large-scale control transactions. The next wave of PE in India isn’t just about providing capital—it’s about building world-class enterprises through strategic direction provided by highly talented leadership and mentorship and adopting the highest governance standards.”

Sharing perspectives on how buyouts have evolved into a mainstream strategy, Vivek Soni, Partner and National Leader, Private Equity Services, EY, said, “In the post-COVID world, PE-backed buyouts in India have strongly emerged as a mainstream investment strategy. PE funds have built operational teams and are increasingly confident of controlling and running complex businesses across sectors in partnership with founders, promoters and professional management. The buoyant and deepening capital markets have played a good role in providing exits to buyout funds at good returns, accelerating further deployment into this investment strategy. Buyouts now account for a substantial share of PE investments by deal value and this is a leading indicator of the continued evolution of the Indian PE sector.”

The Summit brings together stakeholders across capital, financing, and advisory to assess how India’s buyout market is evolving and what it will take to sustain momentum over the long term. Discussions also explore the role of policy certainty, governance standards, and aligned stakeholder expectations in supporting the continued expansion of control-led investments.

As India’s private markets deepen and institutional capital assumes a larger role in shaping corporate outcomes, platforms such as the IVCA Buyouts Summit 2026 serve as ecosystem enablers—aligning capital, capability, and policy through informed dialogue. By fostering experience-driven and evidence-based conversations, IVCA continues to strengthen the foundations of a robust, resilient, and globally competitive buyout market in India. 

About Indian Venture and Alternate Capital Association (IVCA)
The Indian Venture and Alternate Capital Association (IVCA) is a not-for-profit, apex industry body promoting the alternate capital industry and fostering a vibrant investing ecosystem in India. IVCA is committed to supporting the ecosystem by facilitating advocacy discussions with the Government of India, policymakers, and regulators, resulting in the rise of entrepreneurial activity, innovation, and job creation in India and contributing towards the development of India as a leading fund management hub. IVCA represents 500+ funds with a combined AUM of over $350 billion. Our members are the most active domestic and global VCs, PEs, funds for infrastructure, real estate, credit funds, limited partners, investment companies, family offices, corporate VCs, and knowledge partners. These funds invest in emerging companies, venture growth, buyout, special situations, distressed assets, and credit and venture debt, among others.

• InFINity 3.0 brings enhanced four-week acceleration with 1:1 mentorship, access to the PayU ecosystem, fintech VCs, and much more

• Applications are open until 6^th March 2026 for fintech startups seeking seed to Series A funding

• Access to up to $10,000 AWS activate credits

PayU, India’s leading diversified fintech platform, today announced the launch of inFINity 3.0, the most ambitious and comprehensive edition of its fintech accelerator program to date. Designed for early-stage fintech startups, the latest edition of inFINity offers a high-octane opportunity for founders to validate product–market fit, sharpen Go-To-Market strategies, unlock distribution access, and build for institutional scale. As part of inFINity 3.0, PayU has partnered with Atrium Ventures, a micro venture capital firm, to provide select startups with direct exposure to early institutional capital. Atrium Ventures will mentor the cohort and actively participate in Demo Day, creating pathways for startups to pursue potential investment opportunities. Additionally, AWS continues as the Official Cloud Partner for inFINity 3.0, providing participating startups access to cloud infrastructure, technical enablement, and AWS Activate credits.
 

Applications for inFINity 3.0 are open until 6th March 2026 for early-stage fintech startups. Apply now

What does inFINity 3.0 offer:

• Fast-track to market through PayU’s ecosystem: Participants gain structured access to PayU’s bespoke payments solutions, merchant network, and banking partners. This enables faster pilots and real customer traction.

• Intensive four-week acceleration sprint: inFINity 3.0 runs a structured four-week sprint focused on Go-To-Market strategy, compliance navigation, scale, and making them investment ready—compressing months of learning into weeks

• 1:1 mentorship from fintech founders and ecosystem leaders: Founders receive direct guidance from PayU leaders, and domain experts who have built and scaled fintech businesses in India’s regulated markets.

• High-Impact Bootcamp and Demo Day hosted in India’s startup capital: The program culminates into an intensive 1.5-day Bootcamp and Demo Day in Bengaluru, featuring curated interactions with select fintech-founders, investors, and ecosystem partners.

As additional benefits, the selected cohort will also unlock up to $10,000 in AWS Cloud Credits per startup (subject to eligibility) *⁽¹⁾, alongside exclusive masterclasses from industry stalwarts such as Umang Kumar, Co-founder & CEO, Cardekho SEA, and Nitin Jain, Co-founder, Ofbusiness.

“India’s fintech ecosystem is at an inflection point, with budding founders solving real problems and driving economic impact at scale,” said Anirban Mukherjee, CEO, PayU. “Through inFINity, our endeavor is to mentor these innovators and connect them with the right investors and strategic ecosystem partners they need to scale. It isn’t a strategy; it’s our way of giving back to the ecosystem that’s reshaping India’s financial future. This is just a beginning, and we’ll continue building more ambitious initiatives to support our vision of nurturing the country’s fintech entrepreneurs.”

inFINity 3.0 builds on the extraordinary success of its first two editions that collectively received 1,000+ applications. Over the last two editions, the program has seen tangible outcomes such as distribution partnerships, commercial pilots, and increased investor readiness.

Program Timelines and Participation Criteria:

Applications for inFINity 3.0 are currently open and the last date to apply is 6^th March 2026. Upon application closure, a four-week acceleration program will run throughout March 2026, culminating in an intensive 1.5-day Bootcamp and Demo Day in Bangalore during the third week of April 2026.

The application is open for early-stage fintech startups that have raised less than $5 million and are seeking seed to Series A funding.

Beyond inFINity, PayU has built one of India’s most comprehensive startup ecosystems, supporting founders across stages through PayU for Startups — enabling seamless payments, credit access, and scalable financial infrastructure. PayU has also partnered with government ecosystem enablers such as Startup India, DPIIT, state startup bodies including Karnataka and Uttar Pradesh, along with banking institutions such as IDFC FIRST Bank, to deliver tailored financial and payment solutions for startups, particularly beyond metro cities.

For more details, visit: www.infinitynow.tech

About PayU

PayU, India’s leading diversified fintech platform with Prosus as an investor, operates businesses that are regulated by the Reserve Bank of India and offers advanced solutions to meet the digital financial services needs of customers (merchants, banks, and consumers).

PayU provides payment gateway solutions to online businesses through its cutting-edge and award-winning technology and has empowered 4.5 lakhs+ businesses, including India’s leading enterprises, e-commerce giants and SMBs. It enables businesses to collect digital payments across 100+ online payment methods such as Credit Cards, Debit Cards, Net Banking, EMIs, pay-later, QR, UPI, Wallets, and more. It’s a preferred partner in the affordability ecosystem, offering the maximum coverage of issuers and easy-to-implement integrations across card-based EMIs, pay-later options and new-age cardless EMIs. PayU offers e-commerce brands best-in-industry success rates while ensuring a seamless checkout experience.

Embassy Developments Limited (“EDL” or “The Company”) (NSE: EMBDL / BSE: 532832) today announced its results for the third quarter ended December 31, 2025 (Q3 FY26), demonstrating strong sales traction, healthy cash flows, and continued progress on regulatory milestones.

Embassy Developments Reports Nearly 240% QoQ Growth in Pre-sales in Q3 FY26; Key RERA Approvals Strengthen FY26 Outlook

The Company recorded pre-sales of ~INR 1,392 crore in Q3 FY26 compared to ~INR 409 crore in Q2 FY26, representing a ~240% Q-o-Q growth. New bookings during the quarter stood at ~1,192k sq. ft., up ~193% QoQ from ~407k sq. ft. in Q2. Cumulative pre-sales for 9M FY26 reached ~INR 1,999 crore, a ~46% growth over 9M FY25, with total area sold standing at ~1,805k sq. ft., up ~36% YoY.

Collections for the quarter stood at ~INR 414 crore, reflecting a ~15% QoQ growth over Q2 FY26. Cumulative collections for 9M FY26 stood at ~INR 1,096 crore. Construction spend during the quarter was ~INR 401 crore, translating to a ~97% spend-to-collections ratio, with total construction spend for 9M FY26 at ~INR 868 crore (~79% of collections), reflecting strong execution alignment.

During the quarter, Embassy Developments achieved important milestones. The Company launched 2 residential projects – Embassy Greenshore (North Bengaluru) and Embassy Eden (North Bengaluru) – as well as its 2.7 msf (leasable area) commercial project known as Embassy East Business Park Phase I (East Bengaluru). Together, these launches represent an estimated GDV of over INR 6,500 crore.

Embassy Greenshore, with a GDV of ~INR 1,600 crore, has already achieved pre-sales of ~INR 804 crore. Embassy Eden, launched in December with a GDV of ~INR 1,800 crore, has seen higher-than-anticipated pricing realisations. Slated for launch in Q4 FY26 are Embassy Citadel in Worli (~INR 8,800 crore GDV), Embassy Verde Phase 2 (~INR 700 crore GDV), Embassy Serenity in Alibaug (~INR 400 crore GDV), and the DM project Embassy Sky Terraces (~INR 2,600 crore GDV).

The Company also received the Occupancy Certificate for 239 apartments at Serene Amara, a senior living project being developed through a joint venture with Columbia Pacific Communities in Bengaluru.

As of December 31, 2025, Embassy Developments maintained a prudent balance sheet with gross institutional debt of ~INR 3,700 crore (0.36x D/E) and net institutional debt of ~INR 3,000 crore (0.29x Net D/E). Cash and cash equivalents stood at ~INR 670 crore. The Company’s portfolio reflects an estimated project surplus of ~INR 28,200 crore with a net operational cash margin of ~47.5% across ongoing, upcoming and planned developments.

Commenting on the performance, Aditya Virwani, Managing Director, Embassy Developments Ltd. said, “Q3 reflects the transition of Embassy Developments into a scaled, execution-led platform. Strong pre-sales momentum, key RERA approvals and healthy cash flows give us confidence in delivering our FY26 guidance while continuing to strengthen our presence across Mumbai and Bengaluru.”

About Embassy Developments Limited 

Embassy Developments Limited (formerly known as Equinox India Developments Limited and earlier as Indiabulls Real Estate Limited) (EDL) is one of India’s largest listed real estate developers, specialising in the development of residential and commercial projects across key urban markets. With a strategic focus on Bengaluru, the Mumbai Metropolitan Region (MMR), and the National Capital Region (NCR), the Company also has a presence in Chennai and Indore. EDL has a diversified residential portfolio with a well-balanced mix of high-value and high-volume developments across mid-income, premium, and luxury segments. Its portfolio of ready, ongoing, and future residential projects includes branded residences, uber-luxury apartments and villas, exclusive town homes, condominiums, integrated townships, senior living communities, and contemporary homes. The Company is listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) and holds a long-term debt rating of IVR A- (Stable) from Infomerics. Further information is available at embassyindia.com 

Disclaimer

This press release is for informational purpose only and does not constitute a prospectus, offering memorandum or an offer, or a solicitation of any offer, to purchase or sell any securities of Embassy Developments Limited (“Company”) or its existing or future subsidiaries (collectively, the “Group”) in any jurisdiction. ​Any offer or solicitation will be made only by means of definitive offering documents and in accordance with the terms of applicable securities and other laws. This press release should not be considered as a recommendation or advice to any person or investor to invest or subscribe for or purchase any securities of the Group or its existing or future subsidiaries (collectively, the “Group”) and should not be used as a basis for any investment decision. Recipients of this press release should conduct their own independent investigation and diligence, and/or consult their legal, tax, financial or other professional advisors as they deem fit. This press release contains certain forward‐looking statements based on current expectations, projections and assumptions and are subject to risks and uncertainties that could cause actual results, performances or events to differ materially from the results contemplated by the relevant forward-looking statement. These risks and uncertainties include the effect of economic and political conditions in India and outside India, volatility in interest rates and in securities markets, new regulations and government policies, the general state of the Indian economy, any delay in merger and the management’s ability to implement the company’s strategy that might impact the Group ‘s general business plans, its future financial condition and growth prospects. ​The information contained in this press release is only current as on the date hereof and is not indicative of future results. The Group is under no obligation to update these forward‐looking statements or to inform the recipient of any changes or developments arising after the date of this press release. Moreover, both express or implied press release or warranty is made as to, and no reliance should be placed on, the accuracy, fairness or completeness of the information presented or contained in this press release. Neither the Group nor any of its directors, officer, employees, advisers or representatives accept any liability whatsoever for any loss howsoever arising from any information presented or contained in this press release. Furthermore, no person is authorized to give any information or make any press release which is not contained in, or is inconsistent with, this press release. Any such extraneous or inconsistent information or press release, if given or made, should not be relied upon as having been authorized by or on behalf of the Group.​

In Malaysia, football fans are experiencing matchday a little differently this Premier League season. With kick-offs often taking place after midnight – sometimes as late as 1am or 3am – following a match has become a late-night commitment rather than a quick night out.
 

Guinness Malaysia, the official beer of the Premier League, has opened its doors to Guinness Clubhouse, a first-of-its-kind football-themed stay in Kuala Lumpur
 

Introduced by Guinness, the official beer of the Premier League, Guinness Clubhouse is a football-themed experience created earlier this season to bring fans together around the rituals of matchday, not in a stadium or a pub, but in a shared, home-style setting designed for watching the game together when most places have closed.

Set to run through February 2026, Guinness Clubhouse reflects a broader shift in how football is experienced globally, particularly in countries where fans follow the game across time zones. Since its launch in November 2025, every weekend match night has been fully booked until February, highlighting strong demand for shared matchday experiences built around atmosphere, connection, and togetherness.

Inside Guinness Clubhouse

Set across three immersive storeys, Guinness Clubhouse brings together the worlds of football and Guinness under one roof. From hardcore fans and those cheering on their favourite teams, to friends simply looking for a good night in, every corner is designed to feel like a match night worth staying in for, with football-themed activities, bold Guinness touches, and plenty of moments built to be shared.
 

Guests who book a night at Guinness Clubhouse can look forward to:

• Catch LIVE Premier League matches on a giant projector with surround sound recreating the atmosphere of a football stadium right in the living room. Perfect for those who live for the game.

• Share a bite or two from the fully stocked kitchen and pantry, featuring Guinness-infused snacks and match-night essentials, made for the ones who come for the snacks.

• Settle old scores upstairs in the Play Zone with foosball, table football, and the pool table, ideal for the friendly rivals in every group.

• End the night in comfort in Guinness and football-branded bedrooms that can house up to 20 guests, complete with a starter pack featuring Guinness Draught in a Can for those who want to stay on after the final whistle.
   

Redefining Matchday Culture
“Match nights are more than just about the beautiful game, they’re about the people, the banter, and a pint of Guinness that bring every kind of fan together,” said Joyce Lim, Marketing Manager at Guinness Malaysia. “We created Guinness Clubhouse as a space for different kinds of fans to come together, whether they’re here for the football, the food, or just the company, all over a shared love for Guinness, making every match night a Lovely Day for a Guinness.”
 

More than a place to stay, Guinness Clubhouse reflects how matchday culture is evolving, particularly in football-fan cities where fans are finding new ways to come together around the game. Through immersive, communal spaces centred on live football, the experience demonstrates how shared rituals continue to shape the matchday experience.
 

For more information on Guinness Clubhouse, visit clubhouse.guinnessmsia.com.
 

*Items associated with Guinness Clubhouse are subject to availability; first come, first served basis, terms and conditions, and house rules as set by the organiser, sponsor, house manager, and property owner. Guinness and all related promotions and activities are strictly for non-Muslims aged 21 and above only. Guinness Malaysia advocates responsible consumption and urges consumers not to drink and drive.

About Heineken Malaysia Berhad

HEINEKEN Malaysia is one of the leading brewers in the country with its portfolio of iconic international brands.

The Company brews, markets and distributes:

• The World’s No. 1 international premium beer Heineken®

• The World-acclaimed iconic Asian beer Tiger Beer

• The World’s No. 1 stout Guinness

• The premium wheat beer born in the Alps Edelweiss

• And many more. Visit www.heinekenmalaysia.com for a full overview of our portfolio

HEINEKEN Malaysia advocates responsible consumption through its Enjoy Responsibly and When Your Drive, Never Drink campaigns. HEINEKEN Malaysia’s corporate responsibility initiatives are carried out by its corporate responsibility arm, SPARK Foundation, focusing on environment and community partnerships.

Listed on the Bursa Malaysia Main Market, the principal shareholder of HEINEKEN Malaysia is GAPL Pte Ltd headquartered in Singapore. GAPL Pte Ltd is 100% owned by Heineken N.V. For more information, please visit: www.heinekenmalaysia.com.

• The awardees were Sarhad (Maharashtra), CORD (Himachal Pradesh), Sri Shankara Cancer Foundation (Karnataka), Smt. Sangkhumi Bualchhuak (Mizoram), and NIRMAN (Odisha).

• Awardees selected from across India for excellence in Non-Violence & Vegetarianism, Education, Medicine, and Community & Social Service.

The Bhagwan Mahaveer Foundation announced the awardees for the 29th Mahaveer Awards, recognising outstanding individuals and institutions for their selfless service in the fields of Non-Violence & Vegetarianism, Education, Medicine, and Community & Social Service.

L-R: NIRMAN Odisha; Sangkhumi Bualchhuak Mizoram; Sri Shankara Cancer Foundation – Karnataka; CORD – Himachal Pradesh; Sarhad – Maharashtra

The awardees for the 29th Mahaveer Awards are: Sarhad, Maharashtra – Non-Violence & Vegetarianism; CORD, Himachal Pradesh – Education; Sri Shankara Cancer Foundation, Karnataka – Medicine; Smt. Sangkhumi Bualchhuak, Mizoram – Community & Social Service; and NIRMAN, Odisha – Community & Social Service.

Sarhad works to promote peace and non-violence in conflict-prone regions through cultural dialogue and youth engagement. CORD empowers marginalised communities, especially women and persons with disabilities, through education and rural development initiatives. Sri Shankara Cancer Foundation provides accessible cancer care through its hospitals and outreach programmes in Karnataka and Odisha. Smt. Sangkhumi Bualchhuak of Mizoram has dedicated decades to advancing women’s rights and community welfare. NIRMAN works with tribal communities in Odisha to strengthen livelihoods, women-led institutions, and food security.

Instituted to honour exemplary humanitarian efforts, the Mahaveer Awards are presented annually to individuals and organisations that have made sustained contributions towards the welfare of the underprivileged and the weaker sections of society. Each Mahaveer Award carries a cash prize of Rs. 10 lakh, along with a commendatory citation and a memento.

With the selection of the 2026 awardees, the total number of Mahaveer Award recipients has now reached 101, covering 26 States and 2 Union Territories. So far, 96 awardees have been honoured prior to this edition. Over the years, the Mahaveer Awards have been presented by eminent personalities including the President of India, Vice President of India, Governors, Chief Ministers, and Union Ministers at formal functions.

For the 29th Mahaveer Awards, 267 nominations received from across the country were carefully evaluated by an eminent Selection Jury, headed by Justice Shri M. N. Venkatachaliah, Former Chief Justice of India. The members of the Selection Jury include Acharya Shri Chandanaji Maharaj, Eminent Sanyasini; Dr. Justice Shri D. Y. Chandrachud, Former Chief Justice of India; Shri S.Gurumurthy-Part time Director RBI and Editor Thuglak, Prof B.M. Hegde Chairman Bhartiya Vidya Bhavan Mangalore Kendra,  Shri T. S. Krishnamurthy, Former Chief Election Commissioner of India; Shri D. R. Mehta, I.A.S. (Retd.), Former Chairman, SEBI; Shri Prabhat Kumar, I.A.S. (Retd.), Former Cabinet Secretary, Government of India; and Justice Shri G. S. Singhvi, Former Judge of the Supreme Court of India.

In his comments, Shri Sugalchand Jain, Founder, Bhagwan Mahaveer Foundation, said, “We believe that individuals and organisations dedicated to non-violence & vegetarianism, education, medicine, and community & social service play a vital role in the holistic development of our nation. For nearly three decades, through the Mahaveer Awards, we have been recognising the extraordinary contributions of such changemakers who work tirelessly for the welfare of society. We are honoured to recognise the awardees of the 29th edition whose inspiring efforts continue to uplift the underprivileged and promote compassion and social harmony. We extend our heartfelt congratulations to them and express our gratitude to the esteemed jury members for their thoughtful and meticulous selection process.”

The Foundation has also invited nominations for the 30th Mahaveer Awards from individuals and institutions engaged in selfless service in the four award categories. Nomination forms can be downloaded from the Foundation’s website: www.bmfawards.org. 

JBCN International Schools have once again reinforced their position among the top five schools in India, with eight learners receiving the prestigious Cambridge Outstanding Learner Awards. This includes five Top in the World and three Top in India recognitions, making JBCN the school with the highest number of Cambridge awards in Mumbai this year.

JBCN International Schools Rank Among Top Five in India at Cambridge Outstanding Learner Awards

A standout highlight of the 2024–25 results is Cambridge IGCSE Mathematics, where JBCN learners secured the highest number of Mathematics awards in Mumbai, across both International Mathematics and Mathematics (w/o Coursework)—reflecting strong conceptual depth and academic rigour across advanced levels of the Cambridge curriculum.

Learners also achieved top global scores in IGCSE Global Perspectives and AS Level Sociology, Digital Media and Design, underscoring JBCN’s commitment to holistic, future-ready education. The learners were supported by the deep expertise of our seasoned teachers, including trained Cambridge examiners and team leaders.

The Outstanding Cambridge Learner Awards programme celebrates the success of learners taking Cambridge examinations in over 40 countries around the world. The winning students excelled in Cambridge IGCSE and International AS & A Level examinations.

“These achievements reflect our learners’ discipline, subject expertise, and consistency, supported by strong academic mentoring,” said Mr. Kunal Dalal, Managing Director, JBCN International Schools. “At JBCN, we remain committed to nurturing confident learners who perform at global benchmarks with purpose and excellence.”

Mr Vinay Sharma, SVP and Regional Director, South Asia for International Education at Cambridge said, “Congratulations to Cambridge learners and teachers at JBCN International School who have worked so hard to achieve tremendous success in Cambridge exams. With these Cambridge qualifications, students are well prepared for their next steps and all the exciting opportunities that lie ahead. I wish you all the very best for the future.”

JBCN International Schools extend heartfelt congratulations to their learners, educators, and parents—partners in a shared journey of aiming high and achieving global excellence.