Lodha Developers Limited — Capital/Financing Update 2021

Nov 15, 2021

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November 15, 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,

1. We wish to inform you that pursuant to the approval of the board of directors of the Company (the “ Board ”), at its meeting held on October 21, 2021 and the approval of the members of the Company by way of a special resolution at the extraordinary general meeting held on November 12, 2021, the Committee for Fund Raise (the “ Committee ”) has, at its meeting held today i.e. November 15, 2021, inter alia , passed resolutions for the following:

   • a. Authorising the opening of the Issue today, i.e. November 15, 2021;

   • b. Approving and adopting the preliminary placement document dated November 15, 2021 and the application form in connection with the Issue; and

   • c. Approving the floor price for the Issue as prescribed under the SEBI ICDR Regulations.

In this relation we are filing the preliminary placement document dated November 15, 2021 with your office.

1. We further wish to inform you that the ‘Relevant Date’ for the purpose of the Issue, in terms of the Regulation 171 of the SEBI ICDR Regulations, is November 15, 2021 and accordingly the floor price in respect of the aforesaid Issue, based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is Rs. 1,184.70 per Equity Share. Pursuant to Regulation 176(1) of the SEBI ICDR Regulations, the Company may offer a discount of not more than 5% on the floor price so calculated for the Issue.

The meeting of the Committee commenced at 2:00 p.m. and concluded at 3:30 p.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

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