Lodha Developers Limited — Capital/Financing Update 2022

Mar 14, 2022

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”)

PARTIAL REDEMPTION AND CANCELLATION OF NOTES

Reference is made to the previous announcement made by the Company on March 1, 2022 in connection with the redemption of Notes of principal amount US$ 170,000,000 (United States Dollars One Hundred Seventy 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) March 12, 2022 on March 12, 2022 (“Redemption Date”).

The Company wishes to announce that the Company has redeemed Notes of principal amount US$ 170,000,000 (“ Redeemed Notes ”). The Redeemed Notes shall be cancelled and delisted from the Singapore Exchange Securities Trading Limited. The balanced Notes of US$ 55,000,000 continue to be listed on the Singapore Exchange Securities Trading Limited.

Date: March 14, 2022

For LODHA DEVELOPERS INTERNATIONAL LIMITED