Macrotech Developers sells properties worth Rs 12,064 crore in FY23
Mumbai-based Macrotech Developers, which sells homes under the Lodha brand, is one of the leading real estate firms in the country.
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Mumbai-based Macrotech Developers, which sells homes under the Lodha brand, is one of the leading real estate firms in the country.
As on September 2022, promoters had 82.20 per cent stake in the company and they needed to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding.
As on September 2022, promoters had 82.20 per cent stake in the company and they needed to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding.
Get latest articles and stories on Latest News at LatestLY. Realty firm Macrotech Developers' promoters plan to raise about Rs 3,500 crore by selling shares to institutional investors, according to sources. Latest News | Macrotech Developers' Promoters Plan to Raise Rs 3,500 Cr Via Sale of Shares to Institutional Investors.
In a regulatory filing late on Wednesday, Macrotech Developers informed that the company has launched Qualified Institutional Placement (QIP) of the equity shares.