ALPHA TRIBE

Lodha Developers LimitedQIP/Rights/Pref., 08-07-2025: Allotment of Securities

08-07-2025 | 11:36 am

Lodha Developers has allotted 30,000 senior secured non-convertible debentures (NCDs) at ₹1 lakh each, raising ₹300 Cr via private placement. These rated NCDs carry a 7.96% annual interest payable quarterly, maturing in 3 years. They are listed on BSE’s Wholesale Debt Market segment and secured by a first-ranking charge on certain assets. This debt infusion strengthens the company’s financial flexibility without equity dilution.

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