Lodha Developers Limited has announced key board appointments, with the company's Board of Directors approving the re-appointment of an existing Independent Director and the appointment of a new Independent Director on April 24, 2026. The decisions were made based on recommendations from the Nomination and Remuneration Committee and are subject to shareholder approval.

Board Appointments Overview

The company has made two significant appointments to strengthen its board composition:

Mr Lee Polisano - Re-appointment Details

Mr Lee Polisano will serve his second term as Independent Director from July 30, 2026 to July 29, 2031. He brings extensive expertise as an internationally recognised architect and urban designer, serving as the Founding Partner and President of PLP Architecture (UK). His professional credentials include:

• Over 45 years of professional experience
• Fellow of the American Institute of Architects (FAIA)
• Member of the Royal Institute of British Architects (RIBA)
• Global governing trustee of the ULI

Mr Polisano has led significant developments in London and internationally across Europe, the Middle East and Asia, including major commercial, residential and institutional projects. His work emphasises environmental responsiveness and innovation, with a strong commitment to civic responsibility and long-term value.

Mr Akhil Gupta - New Independent Director

Mr Akhil Gupta has been appointed as Additional (Non-Executive, Independent) Director for a five-year term from April 24, 2026 to April 23, 2031. His extensive background includes:

Mr Gupta has received numerous prestigious awards including the Tele.Net Outstanding Contribution to Infrastructure and Telecom Development Award, ET Telecom Lifetime Achievement Award, Voice & Data Lifetime Contribution Award, EY Entrepreneur of the Year Award, and CA Lifetime Achievement Award by ICAI.

Regulatory Compliance

Both appointments comply with SEBI Listing Regulations under Regulation 30, with detailed disclosures provided as per regulatory requirements. The company has confirmed that neither director is related to existing board members and both are eligible to hold directorship positions without any regulatory restrictions.

The appointments reflect Lodha Developers' commitment to strengthening its board with experienced professionals who bring diverse expertise in architecture, urban planning, telecommunications, and strategic business transformation.

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:

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