Macrotech Developers Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
LODHA · price
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Awaiting price reaction for this filing.
The promoter group and persons acting in concert of Macrotech Developers (Lodha) have filed their annual declaration under SEBI Regulation 31(4) for the financial year ending March 31, 2025. The disclosure confirms that no equity shares of the company were encumbered (pledged or otherwise used as collateral) directly or indirectly during FY2024-25. Declarations were submitted by Sambhavnath Infrabuild and Farms Pvt Ltd, Sambhavnath Trust, and Rajendra Lodha (promoter). The promoter group entities covered include Homecraft Developers and Farms Pvt Ltd, Hightown Constructions Pvt Ltd, Lodha Philanthropy Foundation, and Sambhavnath Infrabuild and Farms Pvt Ltd.
This is a routine but reassuring disclosure for retail investors — promoters have not pledged any shares during the year, which signals financial stability and confidence in the company. No negative overhang from share encumbrance for now.