Lodha Developers Limited — Important, 02-07-2025: General Updates

Lodha Developers has secured V Hotels Ltd through a resolution plan executed in 2024. Recent Enforcement Directorate proceedings against the previous V Hotels promoter related to ₹520.80 Cr transactions have been stayed for the company. Lodha will deposit ₹520.80 Cr as security, securing V Hotels’ assets from claims. This clears legal uncertainty, supporting Lodha’s control over V Hotels and its asset base.