Macrotech 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.
Ms Raunika Malhotra (DIN: 06964339) finished her term as Whole-time Director of Lodha Developers and stepped down from the Board with effect from close of business hours on June 25, 2025. Importantly, she has not left the company — she will continue in her existing role as 'President – Brand & Marketing' and will now be classified as a Senior Management Personnel (SMP) under SEBI's Listing Regulations. No new director has been appointed to replace her in this filing. The disclosure has been made under Regulation 30 of SEBI LODR, 2015.
This is a routine, non-event for shareholders. The change is purely a board-level reclassification — the executive remains with the company in the same functional role, so there is no loss of management capability or strategic disruption. Expect a neutral impact on the stock.