Lodha Developers Limited — Capital/Financing Update 2022

Sep 14, 2022

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September 14, 2022

The Listing Dept., BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip Code: 543287 Scrip ID:- LODHA Debt Segment - 974163

The Listing Dept. National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Trading Symbol : LODHA Debt Segment - DB - LDPL23

Dear Sir/Madam,

Subject: Complete redemption and cancellation of US$ 225,000,000, 14% Senior Secured Notes due 2023 ( “Notes” ) by Lodha Developers International Limited, Mauritius, wholly owned subsidiary of the Company

In continuation of our letter dated September 1, 2022, we wish to inform you that our wholly-owned subsidiary, Lodha Developers International Limited, Mauritius has given an enclosed notice to Singapore Stock Exchange regarding confirmation of redemption of remaining Notes of principal amount of US$ 55,000,000 as per the terms of the Indenture. Hence, the entire outstanding Notes are now redeemed in full.

This is for your information and record.

Thanking you,

Yours faithfully,

For Macrotech Developers Limited

Digitally signed by SANJYOT NILESH RANGNEKAR SANJYOT DN: c=IN, o=PERSONAL, pseudonym=6df6cf47a87859531ee4f50a489e772 1, 2.5.4.20=C7812C81AE26D822A965B197D5195BDF NILESH 6D50F8443987A023DF50FD6BEF4C5021, postalCode=400607, st=MAHARASHTRA, serialNumber=d7712af3da22c028adfaa23a93cc85 029417e4c3cba448af2f6d982f99722a49, RANGNEKAR cn=SANJYOT NILESH RANGNEKAR Date: 2022.09.14 18:19:26 +05'30' Sanjyot Rangnekar Company Secretary & Compliance Officer Membership No. F4154

Encl: As above.

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

LODHA DEVELOPERS INTERNATIONAL LIMITED (Incorporated under the laws of Mauritius)

US$ 225,000,000, 14% Senior Secured Notes due 2023 (“the Notes”) ISIN: XS2125431101 - TQYB Common Code: 212543110 issued by Lodha Developers International Limited (the “Company”)

COMPLETE REDEMPTION AND CANCELLATION OF NOTES

Reference is made to the previous announcement made by the Company on September 1, 2022 in connection with the early redemption of balance outstanding Notes of principal amount US$ 55,000,000 (United States Dollars Fifty-Five Million) at a Redemption Price of 100.25% of the principal amount of the Notes plus accrued and unpaid interest thereon upto (but not including) September 12, 2022 on September 12, 2022 (“Redemption Date”).

The Company wishes to announce that the Company has redeemed the remaining Notes of principal amount US$ 55,000,000 (“ Redeemed Notes ”) on September 12[th] , 2022 much ahead of its scheduled maturity on March 12, 2023. The Redeemed Notes shall be cancelled and delisted from the Singapore Exchange Securities Trading Limited. The entire outstanding Notes are now redeemed in full.

Date: September 13, 2022

For LODHA DEVELOPERS INTERNATIONAL LIMITED

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Sanjyot Rangnekar Authorised Signatory