Lodha Developers allots equity shares under employee stock option scheme
Lodha Developers Limited (formerly known as Macrotech Developers Limited) has notified the stock exchanges of the allotment of 35,816 equity shares, each valued at ₹ 10, on September 24, 2025. This allotment was made pursuant to the "Lodha Developers Limited - Employee Stock Option Scheme 2021 - II." The company shared this information with both BSE Limited and the National Stock Exchange of India Limited, requesting that the details be taken on record.
The allotment is part of the company's established employee incentive framework, designed to align employee interests with company performance. Sanjyot Rangnekar, company secretary & compliance officer, signed the official communication.
Lodha Developers Limited's corporate office is located at One Lodha Place, Mumbai, with its registered office in Fort, Mumbai. The company operates under CIN: L45200MH1995PLC093041.
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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