Thanks for pointing that out Dhiraj. A few things to note (playing devils advocate here) is that the information that this report provides around the 80 odd crs of delay in payment by EPDL has not been audited by the agency. Some of it has been mentioned as “verbal” in nature.
As far as Embassy REIT is concerned, I completely agree with you that there could be slight pressure on its stock price IF the report is accurate and there is distress liquidation since the units are offered as collateral against the NCDs.
Once again thanks for sharing and do let us know if you find any such updates
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