Lodha Developers Limited — Others, 25-01-2025: Change in Management

Macrotech Developers Limited has announced a board meeting to discuss various important matters. The board approved the consolidated and standalone financial results for the quarter and nine months ending December 31, 2024. Key figures include a total income of ₹97.49 crore, with a net profit of ₹18.44 crore.

Additionally, the board appointed Mr. Sushil Kumar Modi as a Whole-Time Director and Mr. Sanjay Chauhan as Chief Financial Officer, both effective January 25, 2025. This strategic leadership change is aimed at enhancing growth and efficiency, which could positively influence investor sentiment, reflecting a stronger governance framework as the company positions itself for further expansion.