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Lodha Developers Limited Proxy Solicitation & Information Statement 2025

May 1, 2025

61952_rns_2025-05-01_ef3412db-ea74-4264-8c13-8d130a6eaabc.pdf

Proxy Solicitation & Information Statement

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May 1, 2025

BSE Limited

Scrip Code: 543287 Debt Segment –975115, 975192, 975560, 976262

National Stock Exchange of India Limited Trading Symbol: LODHA

Dear Sirs,

Sub: Disclosure under Regulation 30 and 47 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Pursuant to Regulations 30 and 47 of the Listing Regulations, we hereby enclose copies of the newspaper advertisement of the postal ballot notice for approving change of name of the Company from “Macrotech Developers Limited” to “Lodha Developers Limited” and consequent alteration in Memorandum and Articles of Association of the Company as published in the following newspapers:

(i) Business Standard, all India editions (ii) Navshakti, Mumbai

Kindly take the above information on your records.

Thanking you,

Yours faithfully,

For Macrotech Developers Limited SANJYOT Digitally signed by SANJYOT NILESH NILESH RANGNEKAR Date: 2025.05.01 RANGNEKAR 13:52:31 +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 6773 7373 Regd. Office : 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai 400 001, India CIN: L45200MH1995PLC093041 • T + 91 22 6773 7373 • E: [email protected] www.lodhagroup.com

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MACROTECH DEVELOPERS LIMITED

Regd. Off.: 412, Floor-4, 17G Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai 400 001. Corp. Off.: Lodha Excelus, L 2 Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai 400 011. CIN: L45200MH1995PLC093041 Website: www.lodhagroup.in Email: [email protected] Tel.: +91 22 6773 7373

NOTICE OF POSTAL BALLOT THROUGH REMOTE E-VOTING Members are hereby informed that pursuant to the provisions of Sections 108, 110 and other applicable provisions, if any, of the Companies Act, 2013 (the “Act”) including any statutory modification(s), clarification(s), substitution(s) or re-enactment(s) thereof for the time being in force, read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (the “Rules”) as amended, Secretarial Standard-2 on General Meetings issued by the Institute of the Company Secretaries of India (the “SS-2”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”), guidelines prescribed by the Ministry of Corporate Affairs (the “MCA”), Government of India, for holding general meetings/ conducting postal ballot process through e-voting vide General Circular Nos. 14/2020 dated April 08, 2020, 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020, 10/2021 dated June 23, 2021, 20/2021 dated December 08, 2021 and 03/2022 dated May 05, 2022, 11/2022 dated December 28, 2022, 09/2023 dated September 25, 2023 and 09/2024 dated September 19, 2024 (collectively referred as “MCA Circulars”) and any other applicable laws and regulations, for seeking the approval of the Members of the Company by way of Special Resolution for change of name of the Company from “Macrotech Developers Limited” to “Lodha Developers Limited” and consequent alteration in Memorandum and Articles of Association of the Company, by way of postal ballot through remote e-voting which is set out in detail in the Postal Ballot Notice of the Company.

In compliance with the MCA Circulars, the Company has sent postal ballot notice electronically on Wednesday, April 30, 2025 to all the members whose e-mail addresses were registered with the Company/MUFG Intime India Private Limited (formerly known as Link Intime India Pvt Ltd), Company’s Registrar and Transfer Agent/Depository Participant(s), as on the Cut-Off Date i.e., Friday, April 25, 2025. A person who becomes a member after the Cut-Off Date should treat this notice for information purpose only.

The Notice inter-alia indicating the process and manner of remote e-voting is also available on the Company’s website at www.lodhagroup.com, on the website of the Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively and on the website of National Securities Depository Limited (‘NSDL’) at www.evoting.nsdl.com. Members may cast their votes during the period, as mentioned herein below: Commencement of e-voting: Friday, May 02, 2025 on 9:00 a.m.(IST) End of e-voting: Saturday, May 31, 2025 on 5:00 p.m.(IST)

Instructions for e-voting:

In compliance with the MCA Circulars, the Company is providing to its members the facility to exercise their right to vote on the resolution proposed in the said Postal ballot only by electronic means (“e-voting”). The communication of the assent or dissent of the members would take place through remote e-voting only. The Company has engaged the services of NSDL as the agency to provide e-voting facility. Instructions on the process of e-voting, including the manner in which Members holding shares in physical mode or who have not registered their email address can cast their vote are provided as part of the postal ballot notice. E-voting will not be allowed beyond the aforesaid date and time and the e-voting module shall be forthwith disabled by NSDL upon expiry of the aforesaid period.

The resolution, if approved, shall be deemed to have been passed on the last date of e-voting i.e., Saturday, May 31, 2025. The results of e-voting will be announced on or before Tuesday, June 3, 2025 and will be displayed on the Company’s website www.lodhagroup.com and communicated to the Stock Exchanges and NSDL. The Company will also display the results of the Postal Ballot at its registered office. In case of any query on e-voting, members may refer to the Help/FAQs tab for e-voting available at NSDL website i.e., www.evoting.nsdl.com. Contact details for addressing e-voting related queries/grievances, if any:

Mr. Amit Vishal, Vice President / Ms. Pallavi Mhatre, Senior Manager National Securities Depository Limited Trade World, 'A' Wing, 4[th] Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400 013. E-mail: [email protected] Tel no.: +91 22 - 48867000

For Macrotech Developers Limited Sd/Sanjyot Rangnekar Date: April 30, 2025 Company Secretary and Compliance Officer Place: Mumbai Membership No. F4154

मुंबई , गुरुवार , दि . १ मे २०२५

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Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Registered Office:27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
Tel.:+91- 022 68871500Website:www.kmil.co.in
Sr.
No.
Particulars
STANDALONE
CONSOLIDATED
Quarter ended
March 31, 2025
(Unaudited)
Quarter ended
March 31, 2024
(Unaudited)
Year ended
March 31, 2025
(Audited)
Year ended
March 31, 2024
(Audited)
Year ended
March 31, 2025
(Audited)
Year ended
March 31, 2024
(Audited)
1
Total Income from Operations
34,710.97
37,609.68
151,188.70
142,366.73
151,188.70
142,366.73
2
Net Profit for the year (before Tax, Exceptional and
Extraordinary items)
16,109.43
14,568.88
62,245.02
63,850.89
69,401.32
69,549.65
3
Net Profit for the year before tax (after Exceptional and
Extraordinary items)
16,109.43
14,568.88
62,245.02
63,850.89
69,401.32
69,549.65
4
Net Profit for the year after tax (after Exceptional and
Extraordinary items)
11,905.79
10,870.58
46,223.71
47,496.21
51,879.41
51,760.70
5
Total Comprehensive Income for the year [Comprising Profit
for the year (after tax) and Other Comprehensive Income
(after tax)]
11,997.34
10,958.18
46,568.98
48,342.77
52,222.45
52,606.39
6
Paid up Equity Share Capital (Face Value10 per share)<br>562.26<br>562.26<br>562.26<br>562.26<br>562.26<br>562.26<br>7<br>Reserves (excluding Revaluation Reserve)<br>374,012.59<br>327,443.61<br>374,012.59<br>327,443.61<br>394,749.45<br>343,720.95<br>8<br>Securities premium account<br>33,545.76<br>33,545.76<br>33,545.76<br>33,545.76<br>33,545.76<br>33,545.76<br>9<br>Net Worth<br>374,574.85<br>328,005.87<br>374,574.85<br>328,005.87<br>395,311.71<br>344,283.21<br>10<br>Paid up Debt Capital / Outstanding Debt<br>835,130.42<br>1,139,188.23<br>835,130.42<br>1,139,188.23<br>835,130.42<br>1,139,188.23<br>11<br>Outstanding Redeemable Preference Shares<br>–<br>–<br>–<br>–<br>–<br>–<br>12<br>Debt Equity Ratio<br>2.23<br>3.47<br>2.23<br>3.47<br>2.11<br>3.31<br>13<br>Earnings per Share (of10 each) - Basic & Diluted
211.75
193.34
822.11
844.74
922.69
920.59
14
Capital Redemption Reserve
1,003.85
1,003.85
1,003.85
1,003.85
1,003.85
1,003.85
15
Debenture Redemption Reserve
NA
NA
NA
NA
NA
NA
16
Debt Service Coverage Ratio
NA
NA
NA
NA
NA
NA
17
Interest service coverage ratio
NA
NA
NA
NA
NA
NA
Extract of Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2025
Amount (` in Lakhs)
Sr.
No.
Particulars STANDALONE
Quarter ended
March 31, 2025
(Unaudited)

Quarter ended
March 31, 2024
(Unaudited)
Year ended
March 31, 2025
(Audited)

Year ended
March 31, 2024
(Audited)
Year ended
March 31, 2025
(Audited)

Year ended
March 31, 2024
(Audited)
1 Total Income from Operations 34,710.97 37,609.68 151,188.70 142,366.73 151,188.70 142,366.73
2 Net Profit for the year (before Tax, Exceptional and
Extraordinary items)
16,109.43 14,568.88 62,245.02 63,850.89 69,401.32 69,549.65
3 Net Profit for the year before tax (after Exceptional and
Extraordinary items)
16,109.43 14,568.88 62,245.02 63,850.89 69,401.32 69,549.65
4 Net Profit for the year after tax (after Exceptional and
Extraordinary items)
11,905.79 10,870.58 46,223.71 47,496.21 51,879.41 51,760.70
5 Total Comprehensive Income for the year [Comprising Profit
for the year (after tax) and Other Comprehensive Income
(after tax)]
11,997.34 10,958.18 46,568.98 48,342.77 52,222.45 52,606.39
6 Paid up Equity Share Capital (Face Value`10 per share) 562.26 562.26 562.26 562.26 562.26 562.26
7 Reserves (excluding Revaluation Reserve) 374,012.59 327,443.61 374,012.59 327,443.61 394,749.45 343,720.95
8 Securities premium account 33,545.76 33,545.76 33,545.76 33,545.76 33,545.76 33,545.76
9 Net Worth 374,574.85 328,005.87 374,574.85 328,005.87 395,311.71 344,283.21
10 Paid up Debt Capital / Outstanding Debt 835,130.42 1,139,188.23 835,130.42 1,139,188.23 835,130.42 1,139,188.23
11 Outstanding Redeemable Preference Shares
12 Debt Equity Ratio 2.23 3.47 2.23 3.47 2.11 3.31
13 Earnings per Share (of`10 each) - Basic & Diluted 211.75 193.34 822.11 844.74 922.69 920.59
14 Capital Redemption Reserve 1,003.85 1,003.85 1,003.85 1,003.85 1,003.85 1,003.85
15 Debenture Redemption Reserve NA NA NA NA NA NA
16 Debt Service Coverage Ratio NA NA NA NA NA NA
17 Interest service coverage ratio NA NA NA NA NA NA
Notes:
1)
The above results were reviewed by the Audit Committee and approved and taken on record by the Board of Directors at their respective meetings held on April 30, 2025.
2)
The above is an extract of the detailed format of yearly financial results filed with BSE Limited under Regulation 52 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format
of the yearly financial results are available on the websites of BSE Limited at www.bseindia.com and the Company atwww.kmil.co.in
3)
For the items referred in the Regulation 52 (4) of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015, the pertinent disclosures have been made to the BSE Limited and can be accessed
onwww.bseindia.com.
4)
Figures for the previous period/ year have been regrouped wherever necessary to conform to current period/year presentation.
Place : Mumbai
Date : April 30, 2025
For and on behalf of the Board of Directors
Kotak Mahindra Investments Limited
Director

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Notes:

1) The above results were reviewed by the Audit Committee and approved and taken on record by the Board of Directors at their respective meetings held on April 30, 2025. 2) The above is an extract of the detailed format of yearly financial results filed with BSE Limited under Regulation 52 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The full format of the yearly financial results are available on the websites of BSE Limited at www.bseindia.com and the Company at www.kmil.co.in

3) For the items referred in the Regulation 52 (4) of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015, the pertinent disclosures have been made to the BSE Limited and can be accessed on www.bseindia.com .

4) Figures for the previous period/ year have been regrouped wherever necessary to conform to current period/year presentation.

For and on behalf of the Board of Directors Kotak Mahindra Investments Limited

_°H«$moQo>H$$ So>ìhbng© {b{_Q>oS> H$[aVm ghr/g§ÁmoV am§JUoH$a {XZm§H$ : 30.04.2025 H§$nZr goH«o$Q>ar Am{U H$åßbmÝg A{YH$mar ñWi : _w§~B© g^mgX H«$_m§H$ : E\$ 4154

Place : Mumbai Date : April 30, 2025

Director