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Lodha Developers Limited — Capital/Financing Update 2021
Nov 15, 2021
61952_rns_2021-11-15_b0d8e119-792b-4672-8579-794d223e7e5f.pdf
Capital/Financing Update
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Date: 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”).
We wish to inform you that a meeting of the Committee for Fund Raise of the Board of the Directors of the Company is scheduled to be held on Thursday, November 18, 2021 to, inter alia , to consider and approve the issue price, including a discount, if any, thereto as permitted under the SEBI ICDR Regulations, for the Equity Shares to be allotted to qualified institutional buyers, pursuant to the Issue.
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