Enclosed herewith Security Cover Certificate for the quarter ended June 30, 2025
LODHA · price
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Awaiting price reaction for this filing.
Lodha Developers has submitted a corrected Security Cover Certificate to the stock exchanges for the quarter ended June 30, 2025, fixing a typographical error in its earlier filing dated July 26, 2025. The certificate covers the company's 78,000 listed, secured, redeemable, non-convertible debentures (NCDs) of Rs. 1 lakh each, totalling Rs. 780 crore, spread across six debt segment scrips. Independent auditor MSKA & Associates has issued a clean (unmodified) opinion confirming that the book values of assets match the company's books of account and that the security cover maintained for debenture holders is in line with the debenture trust deed. The filing is a routine SEBI compliance requirement under Regulation 54 read with Regulation 56(1)(d) for companies with listed NCDs.
This is a routine regulatory compliance filing and does not signal any change in the company's financial position. The clean auditor opinion reassures debenture holders that their security cover is adequate, which is mildly positive for credit perception but has no direct impact on equity shareholders or stock price.