Macrotech Developers shareholders approve all resolutions at 30th AGM

Macrotech Developers Limited (formerly known as Lodha Developers Limited) successfully conducted its 30th Annual General Meeting (AGM) on August 29, 2025, via video conferencing. All resolutions put forth were duly passed by the shareholders with the requisite majority, according to the consolidated scrutinizer's report.

Key resolutions included the adoption of audited financial statements for the fiscal year ended March 31, 2025, and the declaration of a final dividend of ₹4.25 per equity share for the same period. The appointment of Mr. Rajinder Pal Singh as a director and the appointment of GDR & Partners LLP as secretarial auditors were also approved. The ratification of remuneration for the cost auditors was likewise passed.

Overall, 94.59% of votes were cast in favor of adopting the financial statements, with 100.00% of promoter and promoter group votes supporting the resolution. For the dividend declaration, 94.64% of total votes polled were in favor. Director re-appointment received 97.96% of votes in favor, while secretarial auditors’ appointment garnered 99.93% support. The remuneration for cost auditors was ratified with 100.00% of votes in favor.