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The Economic Times
The Economic Times
Surbhi Khanna

Embassy Developments rallies 8% after Rs 711 crore residential tower deal with Angel One founder

Angel One Embassy Dinesh Thakkar Juhu Surbhi Khanna India Mumbai SEBI

The shares of Embassy Developments rallied up to 8% on Tuesday to day’s high of Rs 63.80 on NSE after the company signed an MoU for the sale of an entire residential tower with Angel One’s founder.

According to a filing with the exchange, the company said that it has signed a Memorandum of Understanding (MoU) for the sale of an entire residential tower at its ultra-luxury development, Embassy Terazza, in Juhu to Dinesh Thakkar, Founder, Chairman and Managing Director of Angel One.

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