Embassy Office Parks REIT Extraordinary Shareholders Meeting Transcript
Good morning, everyone. We welcome you to the Second Extraordinary Meeting of the unit holders of Embassy REIT. I'm Sakshi Garg, Head of Investor Relations of Embassy REIT and your host for today's meeting. We have called this meeting to vote on the following two resolutions: To consider and approve the proposed acquisition of a business park in Chennai for an enterprise value of up to INR 12,690 million. And to consider and approve raising funds through an institutional placement of units of Embassy REIT not exceeding INR 30,000 million to investors in one or more placements.
Since we are hosting today's meeting in a virtual format, we would like to provide a few instructions for our participants. All the unit holders attending the meeting are, by default, on mute to avoid any disturbance arising from background noise and to ensure smooth and seamless conduct of the meet. The video conferencing facility enabling virtual participation in this meeting open 30 minutes prior to the scheduled time.
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