Intimation of Schedule of Analysts/Institutional Investor Meeting 20.08.2025
ViewOutcome of the Board Meeting held on August 11, 2025 – Fund Raising
ViewUpdate on Scheme of Merger – 11.08.2025
ViewPrior intimation of the Board Meeting _11.08.2025
ViewIntimation of Record Date_August 2025
ViewESOP Allotment_06.08.2025
ViewTranscript of earnings call held on July 28, 2025
ViewCertificate of Interest Payment and Partial Principal Payment_31.07.2025
ViewNewspaper Publication- Q1 FY26 Financial Results
ViewOutcome of the Board Meeting 26.07.2025
ViewIntimation of of Schedule of Analysts/Institutional Investor Meeting 28.07.2025
ViewIntimation of the Board Meeting 26.07.2025
ViewESOP Allotment_23.07.2025
ViewAllotment of NCDs_350 Crs
ViewESOP Allotment_09.07.2025
ViewIntimation of Record Date 09.07.2025
ViewAllotment of NCDs_300 Crs
ViewKey Operational Updates for Q1FY26
ViewNewspaper Advertisement - 30th AGM to be held on August 29, 2025 through VC/OAVM
ViewIntimation under Reg 30 - Update on V Hotels Limited
ViewCertificate of Interest Payment and Full Principal Payment_30.06.2025
ViewCertificate of Interest Payment and Full Principal Payment_INE670K07257
ViewTrading Window Closure_30.06.02025
ViewCompletion of Tenure of Whole-time Director
ViewAllotment of ESOP 23.06.2025
ViewOutcome of the Board Meeting _June 20, 2025
Viewchange in the name of the Company from Macrotech Developers Limited to Lodha Developers Limited
ViewAllotment of ESOP 10.06.2025
ViewIntimation of Record Date 09.06.2025
ViewAllotment of NCDs_200crs 06.06.2025
ViewPostal Ballot Voting Results 31.05.2025
ViewAllotment of ESOP 26.05.2025
ViewEarly Redemption of NCD - 26.05.2025
ViewIntimation of schedule of Analysts/Institutional Investor Meeting 25.05.2025
ViewAllotment of ESOP 07.05.2025
ViewPostal Ballot Notice dated April 30, 2025
ViewConfirmation part redemption and interest payment - 30.04.2025
ViewNewspaper publication of Postal Ballot Notice dated April 30, 2025
ViewNewspaper Publication- Q4 FY25 Financial Results
ViewOutcome of the Board Meeting 24.04.2025
ViewAllotment of ESOP 22.04.2025
ViewIntimation of the Board Meeting 21.04.2025
ViewIntimation of Analyst Call 21.04.2025
ViewPress Release – Lodha Brother Resolve Disputes
ViewIntimation of Record Date 07.04.2025
ViewKey Operational Updates Q4FY25
ViewAllotment of ESOP 04.04.2025
ViewHalf Yearly reporting as per Chapter VIII - Macrotech Developers Limited
ViewDiscovery of fabricated and false Board resolution(s) and PAN Card
ViewEarly Redemption of NCD - 01.04.2025
ViewFirm | Primary Analyst | Email id |
---|---|---|
Jefferies | Abhinav Sinha | abhinav.sinha@jefferies.com |
BofA | Kunal Tayal | kunal.tayal@bofa.com |
Morgan Stanley | Praveen K Choudhary | praveen.choudhary@morganstanley.com |
J.P. Morgan | Harsh Wardhan Modi | harsh.w.modi@jpmorgan.com | Nomura | Akash Gupta | akash.gupta3@nomura.com |
CLSA | Kunal Lakhan | kunal.lakhan@clsa.com |
Kotak Securities | Murtuza Arsiwalla | murtuza.arsiwalla@kotak.com |
Axis Capital | Pritesh Sheth, CFA | pritesh.sheth@axiscap.in |
IIFL Securities | Mohit Agrawal | mohit.agrawal@iiflcap.com |
ICICI Securities | Adhidev Chattopadhyay | adhidev.chattopadhyay@icicisecurities.com |
JM Financial | Sumit Kumar | sumit.kumar@jmfl.com |
Motilal Oswal | Abhishek Lodhiya | abhishek.lodhiya@motilaloswal.com |
Nuvama | Parvez Qazi | parvez.qazi@nuvama.com |
HDFC Securities | Parikshit D Kandpal, CFA | parikshitd.kandpal@hdfcsec.com |
Elara | Rahul Jain, CFA | rahul.jain@elaracapital.com |
Antique Stock Broking Limited | Biplab Debbarma, CFA | biplab.debbarma@antiquelimited.com |
B&K Securities | Amit Srivastava | amit.srivastava@bksec.com |
Lodha Developers Limited was incorporated as 'Lodha Developers Private Limited' on September 25, 1995 in the state of Maharashtra at Mumbai as a private limited company under the Companies Act, 1956, as amended and converted into public limited company w.e.f March 14, 2018. The name of the company was changed from 'Macrotech Developers Limited' to ‘Lodha Developers Limited’ on June 16, 2025.
Registered Office: 412, Floor - 4, 17G, Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai 400 001.
Corporate Office: One Lodha Place near Lodha World Towers, Senapati Bapat Marg, Mumbai 400013
Phone Number: +91 (22) 6133 4400
Email Id: investor.relations@lodhagroup.com
Grievances redressal officer
Ms. Sanjyot Rangnekar
Company Secretary and Compliance Officer
Tel No : +91 (22) 6133 4400
E-mail: investor.relations@lodhagroup.com
Details of Debenture Trustees
Name: IDBI Trusteeship Services Ltd.
Address: Asian Building, Ground Floor, 17 R. Kamani Marg, Ballard Estate, Mumbai - 400 001. Tel No.: 022-4080 7000
Fax: 022-6631 1776
Email: itsl@idbitrustee.com
Website: https://idbitrustee.com/
Name: Catalyst Trusteeship Limited
Address: Windsor, 6th Floor, Office No - 604, C.S.T. Road, Kalina, Santacruz (East), Mumbai – 400 098
Telephone No. : 022 4922 0555
Fax: 022 4922 0505
Email: ComplianceCTLMumbai@ctltrustee.com
Website: https://catalysttrustee.com/
Registrars & Share Transfer Agents
MUFG Intime India Private Limited
C 101, 247 Park, L.B.S.Marg, Vikhroli (West)
Mumbai 400 083
Telephone: +91 22 49186200
Facscimile: +91 22 49186195
Investor Grievance E-mail: rnt.helpdesk@linkintime.co.in
Contact Person: Ashok Shetty
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058
No Report Found!
We are pleased inform you that the Board of Directors at their Meeting held on April 24, 2025 have recommended a Final Dividend of ₹ 4.25/- each (42.50%) per equity share of ₹10/- each for the Financial Year ended March 31, 2025 subject to members’ approval at the 30th Annual General Meeting (AGM) to be held on Friday, August 29, 2025. The dividend if approved by the Shareholders will be paid within the prescribed period of 30 days from the conclusion of the AGM.
As per the Income Tax Act, 1961 ('the IT Act'), any dividends paid or distributed by a company is taxable in the hands of shareholders and the Company shall be required to withhold tax at the applicable tax rates for Resident Shareholder at 10% with valid Permanent Account Number (PAN) or at 20% without PAN/invalid PAN and for Non-Resident Shareholders at the rates prescribed under the IT Act or Tax Treaty. No TDS will be deducted on dividend payable to a resident individual shareholder if the aggregate of the amounts of such dividend, paid during the relevant Financial Year ('FY') i.e., FY 2025-26, does not exceed INR 10,000/-.
If you are a shareholder of the Company as on the record date (i.e., Friday, August 22, 2025), and the dividend receivable by you is taxable under the IT Act, 1961, the Company shall be obligated to deduct taxes at source on the dividend payable to you as per the applicable provisions under the IT Act, 1961.
Accordingly, in order to enable the Company to determine the appropriate tax rate at which tax has to be deducted at source under the respective provisions of the IT Act, we request you to provide the below-mentioned details and documents as applicable to you on or before Friday, August 22, 2025. The final dividend will be paid subject to same approved by the shareholders of Company in the ensuing Annual General Meeting and after deduction of tax at source as determined on the basis of the below-mentioned documents provided by the respective shareholders as applicable to them and being found satisfactory.
A. Resident shareholders:
A.1 Tax deductible at source for Resident Shareholders (other than resident individual shareholders receiving dividend not exceeding INR 10,000 during the FY 2025-26)
Particulars | Withholding tax rate | Declaration / documents required/Remarks |
---|---|---|
Valid PAN updated with the Depository Participant in case shares are held in dematerialized form; or Registrar and Transfer Agent ('RTA') in case shares are held in physical form and no exemption sought by Shareholder. | 10% | NA |
No PAN/ Invalid PAN with the Depository Participant in case shares are held in dematerialized form; or RTA in case shares are held in physical form and no exemption sought by Shareholder or where shareholders who have not linked PAN and Aadhaar, the PAN will be considered as invalid and higher rate of taxes shall apply | 20% | NA |
Availability of lower/nil tax deduction certificate issued by Income Tax Department u/s 197 of the IT Act | Rate specified in Lower tax withholding certificate obtained from Income Tax Department | • Copy of PAN card • Copy of lower tax withholding certificate obtained from Income Tax Department. |
A.2 Nil Tax Deductible at Source on dividend payment to Resident Shareholders if the Shareholders submit documents mentioned in the below table with the Company/RTA on or before Friday, August 22, 2025
Particulars | Declaration / Documents required | Annexures |
---|---|---|
An Individual furnishing Form 15G/15H | • Copy of PAN card • Declaration in Form No. 15G (applicable to an individual who is below the age of 60 years) / Form 15H (applicable to an resident Individual aged 60 years and above), fulfilling prescribed conditions. | |
Shareholders to whom section 194 of the IT Act does not apply such as LIC, GIC, etc. | • Copy of PAN card • Self-declaration along with adequate documentary evidence (e.g, registration certificate), to the effect that the no tax withholding is required as per provisions of section 194 of the IT Act. – (Insurance Companies) | Self-declaration form |
Shareholder covered u/s 196 of the IT Act such as Government, RBI, Mutual Funds specified u/s 10(23D), corporations established by Central Act and exempt from Income Tax. | • Copy of PAN card • Self-declaration along with adequate documentary evidence, substantiating applicability of 196 of the IT Act. | Self-declaration form |
Category I and II Alternative Investment Fund (AIF) | • Copy of PAN card • Self-declaration that AIF's income is exempt under Section 10 (23FBA) of the IT Act and they are governed by SEBI regulations as applicable to Category I or Category II AIFs, along with copy of registration certificate. | Self-declaration form |
Any other entity exempt from withholding tax under the provisions of section 197A of the IT Act (including those mentioned in Circular No. 18/2017 issued by CBDT and Notification 28 of 2024) | • Copy of PAN card • Self-declaration along with adequate documentary evidence, substantiating the nature of the entity • Copy of the lower tax withholding certificate obtained from Income Tax Department (except those covered by Circular 18/2017) • Declaration in Form 1 in case of Unit of an IFSC | Self-declaration form |
B. NON-RESIDENT SHAREHOLDERS:
Tax deductible at source for non-resident shareholders.
Category | Withholding tax rate | Declaration / documents required | Annexures |
---|---|---|---|
Foreign Institutional Investors (FIIs) / Foreign Portfolio Investors (FPIs) | 20% (plus applicable surcharge and cess) or tax treaty rate, whichever is beneficial | Self-declaration along with adequate documentary evidence substantiating the nature of the entity. To avail beneficial rate of tax treaty following tax documents would be required: • Copy of PAN card, if available; • Copy of Tax Residency certificate issued by the revenue authority of the country of residence of shareholder for the financial year 2025-26 (covering the period from April 1, 2025 to March 31, 2026). • In case a Tax Residency certificate is issued on a calendar year basis and a copy for calendar year 2025 is not available, please furnish copy of the tax residency certificate issued for the calendar year 2024 and the application filed with the revenue authority of country to residence to obtain Tax Residency certificate for calendar year 2025. • Copy of Form 10F executed in electronic mode obtained from Income-tax portal. • Self-declaration for no permanent establishment / fixed base / business connection in India, place of effective management, beneficial ownership and eligibility to avail tax treaty benefit [on shareholder's letterhead]. (Note: Application of beneficial Tax Treaty Rate shall depend upon the completeness and satisfactory review by the Company of the documents submitted by the shareholders. In case the documents are found to be incomplete, the Company reserves the right to not consider the tax rate prescribed under the tax treaty). | Self-declaration form (Annexure 4) |
Other Non-resident shareholders | 20% (plus applicable surcharge and cess) or tax treaty rate whichever is lower | To avail beneficial rate of tax treaty following tax documents would be required: • Copy of PAN card (if available) • Copy of Tax Residency certificate issued by revenue authority of country of residence of shareholder for the financial year 2025-26 (covering the period from April 1, 2025 to March 31, 2026) • Copy of Form 10F executed in electronic mode obtained from Income-tax portal. • Self-declaration for no permanent establishment / fixed base / business connection in India, place of effective management, beneficial ownership and eligibility to avail tax treaty benefit [on shareholder's letterhead] | Self-declaration form (Annexure 5) |
Availability of Lower/NIL tax deduction certificate issued by Income Tax Department u/s 195 or 197 of the IT Act. | Rate specified in Lower tax withholding certificate obtained from Income Tax Department
| Copy of the lower tax withholding certificate obtained from Income Tax Department.
| - |
Please note that the Company is not obligated to apply the Tax Treaty rates at the time of deduction/ withholding on dividend amounts. Application of Tax Treaty rate shall depend upon the completeness of the documents (as required under the provisions of the IT Act) submitted by the non-resident shareholder.
In the absence of PAN/ valid PAN, tax will be deducted at a higher rate of 20% as per section 206AA of the Act. Further, in a case where PAN is not updated with the Company’s RTA or information sought in the declaration are not provided, higher rate of withholding tax as per section 206AA shall be applied.
Shareholders holding shares under multiple folios/ dematerialisation accounts under different status / category under a single PAN, may note that, higher of the tax as applicable to the status in which shares held under a PAN will be considered on their entire holding in different accounts.
Further, in case of a non-resident (company), 206AA shall not apply in respect of payments in the nature of dividend, if the shareholder furnishes the following details and the documents specified in sub-rule (2) of Rule 37BC of the Income-tax Rules, 1962 to the Company. (Annexure 6)
In case, dividend income is assessable to tax in the hands of a person other than the registered Shareholder as on the Record Date, the registered shareholder is required to furnish a declaration containing the name, address, PAN of the person to whom TDS credit is to be given and reasons for giving credit to such person in terms of Rule 37BA of Income Tax Rules 1962. (Annexure 7)
The documents such as Form 15G/ 15H, documents under section 196, 197A, FPI Registration Certificate, Tax Residency Certificate, Lower Tax certificate etc. can be uploaded on the link https://web.in.mpms.mufg.com/formsreg/submission-of-form-15g-15h.html on or before Friday, August 22, 2025 to enable the Company to determine the appropriate withholding tax rate applicable. In case where copy of documents (such as, PAN card, Registration certificate, etc.) is provided, the copy should be self-attested by the Shareholder or its authorized signatory. Shareholders holding shares of the Company as on the record date i.e., Friday, August 22, 2025 shall only be required to submit the documents/declarations. Any communication in relation to tax rate determination/deduction received post August 22, 2025 shall not be considered in view of stipulated timelines of dividend payment.
Please note that three cells are available [(a) for KYC, (b) Exemption Form 15G/ 15H etc, and (c) for any other supporting document] on the aforesaid link for uploading the documents. In case you wish to upload multiple documents for each category, kindly scan them all in one file and upload them in the relevant category cell up to the maximum file size of 1MB. Kindly note that the Company will not accept any declaration/document on any email address. Please send a mail at investor.relations@lodhagroup.com for any issues in uploading the documents.
The Company will issue soft copy of the TDS certificate to its shareholders through email registered with the Company / MUFG Link Intime India Private Limited (formerly known as Link Intime India Private Limited) post payment of the dividend. Shareholders will be able to download the tax credit statement from the Income Tax Department's website https://www.incometax.gov.in/iec/foportal/ (refer to Form 26AS).
Investor Complaints
ViewDraft Scheme of Merger by Absorption Investor Complaints
ViewValuation Report
ViewReport from the Audit Committee recommending the Draft Scheme
ViewFairness Opinion
ViewDetails of financials of the Companies for the last 3 years
ViewAuditor’s certificate on compliance with Accounting Treatment
ViewDetailed Compliance Report
ViewReport from the Committee of Independent Directors recommending the Draft Scheme
ViewDeclaration on past defaults
ViewBoard’s Report recommending the Draft Scheme
ViewDeclaration as not a Willful Defaulter
ViewUndertaking for obtaining No Objection Certificate
View