Lodha Developers Limited Allots 20,156 Equity Shares Under ESOS 2021-II

1 min read     Updated on 26 Apr 2026, 10:06 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Lodha Developers Limited has allotted 20,156 equity shares of ₹10 each on April 23, 2026, pursuant to the Employee Stock Option Scheme 2021-II. The allotment was communicated to both BSE Limited and the National Stock Exchange of India Limited, with the company requesting the exchanges to take the information on record.

powered bylight_fuzz_icon
38536544

*this image is generated using AI for illustrative purposes only.

Lodha Developers Limited has allotted 20,156 equity shares of ₹10 each on April 23, 2026, pursuant to the "Lodha Developers Limited - Employee Stock Option Scheme 2021-II". The company, formerly known as Macrotech Developers Limited, communicated this allotment to both BSE Limited and the National Stock Exchange of India Limited.

The allotment was made in the debt segment of the stock exchanges. On BSE Limited, the scrip code is 543287, with multiple debt segment codes including 976262, 976764, 976923, 976895, 977163, and 977293. On the National Stock Exchange of India Limited, the trading symbol is LODHA in the debt segment.

Key Details of the Allotment

Parameter Details
Number of Shares Allotted 20,156
Face Value per Share ₹10
Allotment Date April 23, 2026
Scheme Name Employee Stock Option Scheme 2021-II
Trading Symbol (NSE) LODHA
Scrip Code (BSE) 543287

The official communication was signed by Sanjyot Rangnekar, Company Secretary & Compliance Officer of Lodha Developers Limited. The document was digitally signed on April 23, 2026, at 15:26:25 +05'30'. Rangnekar holds membership number F4154.

The company requested both stock exchanges to take the above information on record. The allotment of equity shares under the Employee Stock Option Scheme is part of the company's employee compensation structure, aimed at incentivizing employees through equity ownership.

Historical Stock Returns for Lodha Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.37%+0.07%+0.85%-26.79%-38.12%+177.47%

How might this ESOP allotment impact Lodha's employee retention and talent acquisition strategy in the competitive real estate sector?

What could be the potential dilution effect on existing shareholders if Lodha continues expanding its Employee Stock Option Scheme 2021-II?

Will Lodha consider transitioning from debt segment listings to equity segment trading for better liquidity and investor accessibility?

Lodha Developers Limited elevates Mr Satish Shenoy to leadership role effective April 24, 2026

1 min read     Updated on 25 Apr 2026, 01:19 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Lodha Developers Limited has announced the elevation of Mr Satish Shenoy to a leadership role within the company, effective from April 24, 2026. The appointment was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Shenoy brings over 30 years of experience in the construction sector, with 13 years of association with the Lodha group, having held leadership positions across South Mumbai, Pune, and Bengaluru, and overseen key central functions including DCO, EHS, and Quality.

powered bylight_fuzz_icon
38605790

*this image is generated using AI for illustrative purposes only.

Lodha Developers Limited has announced the elevation of Mr Satish Shenoy to a leadership role within the company, effective from April 24, 2026. The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Mr Satish Shenoy is a Licentiate Civil and Sanitary Engineer from VJTI, Mumbai, bringing over 30 years of experience in the construction space. Over the past 13 years of his association with the Lodha group, he has held leadership roles across South Mumbai, Pune, and Bengaluru, overseeing key central functions including DCO, EHS, and Quality.

Professional Background

Shenoy has been instrumental in establishing and scaling the construction management function in new markets such as Pune and Bengaluru. He continues to contribute to the company's expansion in the NCR region. Prior to joining Lodha, he worked with several prominent organizations including Arabtec Construction LLC, Shapoorji Oman, and The Great Eastern Shipping Company, amongst others.

Appointment Details

The following table provides the key details of the appointment:

Sr. No. Details of Events Information
1. Name of the Senior Management Person Mr Satish Shenoy
2. Reason for change Elevation of Mr Satish Shenoy in Leadership role
3. Date of appointment Effective from April 24, 2026
4. Brief profile Licentiate Civil and Sanitary Engineer from VJTI, Mumbai, with 30+ years' experience in construction space

The information has been uploaded on the company's website at www.lodhagroup.com . Lodha Developers Limited was formerly known as Macrotech Developers Limited.

Historical Stock Returns for Lodha Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.37%+0.07%+0.85%-26.79%-38.12%+177.47%

What strategic initiatives might Lodha pursue in the NCR and southern markets under Shenoy's expanded leadership?

How could this internal promotion signal Lodha's succession planning strategy for other key leadership positions?

Will Shenoy's construction management expertise accelerate Lodha's project delivery timelines and operational efficiency?

More News on Lodha Developers

1 Year Returns:-38.12%