Result of the Postal Ballot along with Scrutinizer''s Report

Lodha Developers Limited conducted a postal ballot to seek shareholder approval for two special resolutions. The first resolution approved the appointment of Mr. Akhil Gupta as an Independent Director, which passed with overwhelming support (99.88% in favor). The second resolution approved the reappointment of Mr. Lee Polisano as an Independent Director for a second term, which also passed but with notably lower support (95.82% in favor). Institutional investors showed mixed sentiment on the Polisano reappointment, with about 18.3% voting against it (39.2 million out of 214.4 million institutional votes). The voting was conducted via remote e-voting from April 29 to May 28, 2026, with 927 shareholders participating representing 93.9% of total shares.