Lodha Developers Limited — Capital/Financing Update 2021

Nov 18, 2021

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November 18, 2021

BSE Limited The National Stock Exchange of India Corporate Relationship Department Limited Phiroze Jeejeebhoy Towers Corporate Communications Department Dalal Street Exchange Plaza, 5[th] floor Mumbai 400 001 Bandra Kurla Complex, Bandra (East) Mumbai 400 051 BSE Scrip Code : 543287 NSE Scrip Symbol : LODHA Debt Segment - DB - LDPL23 & DB-LODL23

Sub: Qualified institutions placement of equity shares of face value Rs 10 each (the “Equity Shares”) by Macrotech Developers Limited (the “Company”) under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42 and 62 of the Companies Act, 2013, as amended, including the rules made thereunder (the “Issue”).

Dear Sir/ Madam,

Further to our letter dated November 15, 2021 intimating you about the meeting of the Committee for Fund Raise of the board of directors (the “ Committee ”) to be held on November 18, 2021 in respect of the Issue, we wish to inform you that the Committee at its meeting held today i.e. November 18, 2021 has, inter alia , passed the following resolutions:

• a. Approving the closure of the issue period for the Issue today i.e. November 18, 2021;

• b. Determining and approving the issue price of Rs 1,170 per Equity Share (including a premium of Rs 1,160 per Equity Share), which is at a discount of 1.24 % (i.e. Rs 14.70 per Equity Share) to the floor price of Rs 1,184.70 per Equity Share determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue;

• c. Approving and finalising the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue; and

• d. Approving and adopting the placement document dated November 18, 2021 in connection with the Issue.

In this relation we are filing the placement document dated November 18, 2021 with your office.

The meeting of the Committee commenced at 8.00 a.m. and concluded at 8.15 a.m.

We request you to take the above on record and the same be treated as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you, Yours faithfully, For Macrotech Developers Limited

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Sanjyot Rangnekar Company Secretary and Compliance Officer

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Macrotech Developers Limited : Lodha Excelus , NM Joshi Marg, Mahalaxmi, Mumbai 400 011, India • T + 91 22 6133 4400 Regd. Office : 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai 400 001, India CIN: L45200MH1995PLC093041

www.lodhagroup.in