Macrotech Developers allots debentures, appoints new retail CEO

Macrotech Developers, formerly Lodha Developers Limited, announced the allotment of 50,000 rated, listed, senior, secured, redeemable, taxable, transferable, non-convertible debentures (NCDs) of ₹100,000 each, aggregating to ₹500 crore. These NCDs, with a face value of ₹1 lakh each, were allotted on September 30, 2025, and will mature on September 29, 2030, offering an interest rate of 8.10% p.a. payable quarterly. The NCDs are listed on the Wholesale Debt Market segment of BSE Limited and secured by a first-ranking charge over certain assets.

In a separate announcement, the company appointed Anubhav Gupta as regional CEO – retail, effective September 30, 2025. Gupta, 48, brings over 25 years of experience in design and P&L roles, having previously served as chief operating officer, head of business DLF 5, and held significant positions at Godrej Properties and RMJM. His appointment is categorized as senior management personnel.