Lodha Developers Limited — Board Meeting, 25-01-2025: Outcome of Board Meeting

The Board of Directors of Macrotech Developers Limited has approved the consolidated and standalone financial results for the quarter and nine months ended December 31, 2024. The consolidated total income stands at ₹974.95 Cr, with a net profit after tax of ₹184.38 Cr.

Additionally, Mr. Sushil Kumar Modi has been appointed as a Whole-Time Director for three years, while Mr. Sanjay Chauhan has been designated as the new Chief Financial Officer. A postal ballot will be conducted to secure shareholders' approval for Mr. Modi's appointment. This restructuring aims to enhance the company's financial leadership and strategic direction moving forward.