Macrotech Developers Limited has informed the Exchange about Copy of Newspaper Publication
LODHA · price
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Macrotech Developers Limited has published newspaper advertisements regarding a postal ballot to seek shareholder approval for changing the company's name to 'Lodha Developers Limited' along with consequent alterations in the Memorandum and Articles of Association. The advertisements appeared in Business Standard (all India editions) and Navshakti (Mumbai) on May 1, 2025. E-voting for the postal ballot will be open from May 2, 2025 (9:00 AM IST) to May 31, 2025 (5:00 PM IST), with results expected on or before June 3, 2025. The notice was dispatched electronically to shareholders on April 30, 2025, with the cut-off date set as April 25, 2025. NSDL has been engaged to facilitate the e-voting process.
This is a brand-alignment exercise to unify the listed entity with the widely recognized 'Lodha' brand name; it does not change the share structure, financials, or business operations. Approval is sought via special resolution, and the change will take effect upon shareholder approval.