EMBDL (EMBDL): Partnership / JV
Embassy Developments (EMBDL) disclosed on 6 July 2026 that promoter entities including Jitendra Virwani, Aditya Virwani, JV Holding Pvt Ltd, Embassy Property Developments Pvt Ltd, Karan Virwani, Neel Virwani, OMR Investments LLP and Bellanza Developers Private Limited filed a disclosure under Regulation 31(4) of the SEBI Takeover Regulations, according to an NSE filing. The company also announced on 24 June 2026 that it signed an MoU with the Government of Uttar Pradesh for a proposed commercial real estate development in Lucknow valued at approximately ₹1,500 crore, per exchange filings.
Events like this — partnership or joint venture announcements — have historically shown a 51.5% win rate across 68 comparable instances in Strota's database, with a net edge of 0.22%. This base rate describes how similar event types have performed in aggregate, not a projection for this specific stock.
The company currently trades at a price-to-book ratio of 0.88 against a market capitalisation of ₹8,689 crore. It reported negative earnings per share of ₹6.43 and a return on equity of -9.0%. The Nifty 50 rose 0.55% on the session.
The filing establishes that promoter entities made a regulatory disclosure and that the company secured a state government MoU. It does not establish whether the Lucknow project will proceed, its final capital outlay, or the commercial terms of any promoter transactions.
The catalyst
Jitendra Virwani, Aditya Virwani, JV Holding Pvt Ltd, Embassy PropertyDevelopments Pvt Ltd, Karan Virwani, Neel Virwani, OMR Investments LLP, Bellanza Developers Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Partnership / JV shows no reliable next-session edge — the move went bullish in about 51.5% of next sessions (net 0.22% after drift and cost, n=68). A base rate, not a forecast for this stock.
EMBDL right now
Live price and flow context is on the stock's analysis page.. Full EMBDL analysis →
Sources
- Jitendra Virwani, Aditya Virwani, JV Holding Pvt Ltd, Embassy PropertyDevelopments Pvt Ltd, Karan Virwani, Neel Virwani, OMR Investments LLP, Bellanza Developers Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. — NSE
- Leighton Asia wins $90m contract for Mumbai residential tower — World Construction Network
- Embassy Developments Ltd (BOM:532832) Q4 2026 Earnings Call Highlights: Record Pre-Sales Amidst ... — GuruFocus.com
- Embassy Developments Sells Jodhpur Mega Mall Subsidiary for INR 100 Crore — The Globe and Mail
- Embassy Developments Limited Reports NCLAT Hearing Adjournment to April 10, 2026 — scanx.trade
Keep digging
- EMBDL — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
- Today's screens: every stock matching the same setups (buildups, breakouts, volume shockers).
- Newsroom: the other stocks in play this session.