Lodha Developers Limited , a prominent real estate company, has successfully raised ₹250 crore through the allotment of non-convertible debentures (NCDs) on a private placement basis. The company's Executive Committee of the Board of Directors approved this financial move on November 13, 2025, marking a significant step in its capital raising efforts.

Key Details of the NCD Issuance

Notable Features

The NCDs come with several noteworthy characteristics:

1. Secured Nature: The debentures are backed by a first ranking charge over specific company assets, providing an additional layer of security for investors.

2. Quarterly Interest Payments: Interest will be paid on a quarterly basis, with the first payment scheduled for December 31, 2025.

3. Market-Linked Interest Rate: The interest rate is linked to the 3-Month Treasury Bill rate, potentially allowing for adjustments based on market conditions.

4. Default Interest Provision: In case of payment delays exceeding three months, a default interest of 2% per annum above the applicable rate will be charged.

Implications and Outlook

This successful NCD issuance demonstrates Lodha Developers' ability to attract institutional investment and diversify its funding sources. The raised capital could potentially be utilized for various purposes such as debt refinancing, working capital requirements, or funding ongoing and future real estate projects.

For investors, these NCDs offer a fixed-income investment opportunity in one of India's leading real estate developers, with the added security of asset-backed debentures and a competitive interest rate.

As the real estate sector continues to evolve, such financial instruments play a crucial role in providing developers with the necessary capital to drive growth and execute their project pipelines.

Lodha Developers' move to raise funds through NCDs reflects the ongoing trend in the real estate sector of tapping into debt markets for capital, highlighting the importance of diverse funding avenues in the current economic landscape.

Lodha Developers , also known as Macrotech Developers, a prominent player in the Indian real estate sector, recently executed a significant block trade on the National Stock Exchange (NSE). The transaction involved approximately 1,237,220 shares at a price of Rs. 1,236.30 per share, amounting to a total value of Rs. 152.96 crores.

Transaction Details

Here's a breakdown of the key details of the block trade:

This substantial transaction underscores the continued interest in Macrotech Developers' shares.

Implications for Investors

While the specific reasons behind this block trade have not been disclosed, such large transactions often attract attention from market participants. Investors and analysts may closely monitor the stock's performance to gauge any potential impact on market sentiment or share price movements.

It's important to note that block trades of this magnitude are typically executed off-market to minimize their impact on the stock's regular trading price. However, they can still serve as indicators of institutional interest or significant shareholder activity.

Investors are advised to conduct their own research and consider their investment goals before making any decisions based on this information. Market conditions and company performance can change rapidly, and it's crucial to stay informed about broader economic factors that may influence the real estate sector and Macrotech Developers' business outlook.