Macrotech Developers Executes Significant Block Trade on NSE
Macrotech Developers (formerly Lodha Developers) completed a significant block trade on the National Stock Exchange. The transaction involved 2,516,788 shares at Rs. 1,103.40 per share, totaling Rs. 277.70 crores. The company also recently submitted a certificate under SEBI Regulation 74(5), confirming proper handling of securities for dematerialization.

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Lodha Developers , also known as Macrotech Developers, a prominent player in the Indian real estate sector, recently executed a substantial block trade on the National Stock Exchange (NSE), signaling notable market activity for the company.
Block Trade Details
The block trade, which took place on the NSE, involved the following key details:
Parameter | Value |
---|---|
Number of Shares | 2,516,788 |
Price per Share | Rs. 1,103.40 |
Total Transaction Value | Rs. 277.70 crores |
This significant transaction underscores the continued interest in Macrotech Developers' shares and reflects the dynamic nature of the Indian stock market.
Company Background
Macrotech Developers, formerly known as Lodha Developers, is a major real estate developer in India. The company has been actively engaging with the stock market and maintaining transparency in its operations.
Recent Corporate Actions
As part of its commitment to regulatory compliance, Macrotech Developers recently submitted a certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This submission, made through MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar and Share Transfer Agent, confirms the proper handling of securities received for dematerialization during the specified quarter.
The company's proactive approach to regulatory requirements and transparent communication with stakeholders continues to be a hallmark of its operations in the Indian capital markets.
This block trade, coupled with the company's adherence to regulatory norms, showcases the ongoing market interest in Macrotech Developers and its commitment to maintaining a strong presence in the Indian real estate and capital markets sectors.
Historical Stock Returns for Lodha Developers
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+2.26% | +0.40% | -3.50% | +3.05% | -4.02% | +390.18% |