Lodha Developers Limited has informed the Exchange regarding Change in Director(s) of the company.
LODHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Rajendra Lodha resigned as a director of Lodha Developers with effect from August 17, 2025. The company disclosed that certain matters related to his conduct are under review by the Company's Ethics Committee. He is a distant relative (fourth-degree) of the Company's Managing Director & CEO. Lodha Developers has stated that this development will have no material impact on the company's performance and reaffirmed its commitment to governance and transparency.
Short-term negative sentiment is likely due to the ethics review and governance overhang, though the company has explicitly said the exit will not affect operations or financial performance. Shareholders should watch for any further updates from the Ethics Committee review.