BRIEF-Embassy Office Parks REIT Approves Acquisition Of Embassy TechVillage For 97.82 Bln Rupees

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BRIEF-Embassy Office Parks REIT Approves Acquisition Of Embassy TechVillage For 97.82 Bln Rupees

Nov 17 (Reuters) - Embassy Office Parks REIT EMBA.NS :

* APPROVED ACQUISITION OF EMBASSY TECHVILLAGE FOR TOTAL ENTERPRISE VALUE OF 97.82 BILLION RUPEES

* APPROVED ISSUE OF UNITS OF EMBASSY REIT NOT EXCEEDING 80 BILLION RUPEES

* APPROVED RAISING DEBT WORTH 36.41 BILLION RUPEES

* APPROVED ISSUE OF UP TO 65.6 MILLION UNITS OF EMBASSY REIT AT PRICE OF 356.70 RUPEES/UNIT

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