Lodha Developers has successfully completed the allotment of non-convertible debentures (NCDs) worth ₹500 crore, with the Executive Committee of the Board of Directors approving the allotment on March 30, 2026. The company has allotted 50,000 secured NCDs on a private placement basis, marking a significant debt fundraising milestone for the real estate developer.

Official Allotment Details

The Executive Committee's approval represents the formal completion of the NCD issuance process under regulatory compliance. The allotment was conducted pursuant to Regulation 30 read with Regulation 51 of the SEBI Listing Regulations, 2015, ensuring full regulatory adherence.

Security and Payment Structure

The NCDs are rated, listed, senior, secured, redeemable, taxable, and transferable instruments that will be listed on the Wholesale Debt Market segment of the National Stock Exchange. The debentures carry a first ranking charge over certain company assets as described in the Key Information Document dated March 24, 2026.

The interest payment schedule begins with the first payment on September 30, 2026, followed by half-yearly payments thereafter. The final interest payment will coincide with the maturity date of March 31, 2036. In case of payment delays exceeding three months, default interest will accrue at 2.00% per annum above the applicable interest rate.

Strategic Funding Initiative

This NCD allotment provides Lodha Developers with long-term capital through private placement, offering investors a competitive fixed-income opportunity over a 10-year tenure. The successful completion of the allotment process demonstrates the company's ability to access debt capital markets effectively while maintaining regulatory compliance. The secured nature of these debentures, backed by asset charges, provides additional security to investors in this debt instrument.

Lodha developers has completed the allotment of equity shares under its Employee Stock Option Scheme, marking another milestone in its employee equity participation program. The real estate developer informed stock exchanges about the completion of this corporate action on March 18, 2026.

Share Allotment Details

The company has provided specific details regarding the equity share allotment to both major stock exchanges:

Regulatory Communication

The allotment was formally communicated to BSE Limited and National Stock Exchange of India Limited through an official letter. Company Secretary & Compliance Officer Sanjyot Rangnekar signed the communication, ensuring proper regulatory compliance and transparency.

Employee Stock Option Scheme Framework

The allotment was executed under the "Lodha Developers Limited - Employee Stock Option Scheme 2021 – II," which represents the company's structured approach to employee equity participation. This scheme allows eligible employees to acquire equity shares in the company, aligning their interests with long-term organizational growth and performance.

Corporate Structure

Lodha Developers Limited, formerly known as Macrotech Developers Limited, operates from its corporate office at One Lodha Place, near Lodha World Towers, Senapati Bapat Marg, Mumbai. The company maintains its registered office at Horniman Circle, Fort, Mumbai, and continues to engage with stakeholders through established communication channels including investor relations and corporate website platforms.