FilingReader Intelligence

Macrotech Developers allots shares, director Rajendra Lodha resigns

September 10, 2025 at 07:02 PM UTCBy FilingReader AI

Macrotech Developers allotted 72,749 equity shares of ₹10 each on September 10, 2025. This allotment was made pursuant to the Lodha Developers Limited - Employee Stock Option Scheme 2021 & Lodha Developers Limited - Employee Stock Option Scheme 2021 – II.

Concurrently, Macrotech Developers disclosed the resignation of Rajendra Lodha from his position as director and promoter. The resignation, formally tendered on August 17, 2025, cites health concerns as the primary reason for stepping down due to substantial pressure and responsibilities.

Mr. Lodha reiterated his availability for guidance and consultation during the transition, reflecting a long-standing commitment to the company's growth.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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