Lodha Developers Limited has informed the Exchange regarding allotment of 25000 securities pursuant to Non Convertible Securities at its meeting held on November 13, 2025
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Lodha Developers Limited has allotted 25,000 non-convertible securities (NCDs) at its board meeting held on November 13, 2025. Non-convertible securities are debt instruments, meaning these cannot be converted into equity shares later. The announcement does not disclose the issue price, coupon rate, or total amount raised in this filing. The relatively small size of the allotment (25,000 securities) suggests this is part of routine debt fundraising activity.
Since these are non-convertible securities, there is no dilution of equity for existing shareholders. However, the company will take on additional debt obligations with periodic interest payments. Without details on the coupon rate or use of proceeds, investors should watch for further disclosures to assess the cost and purpose of this borrowing.