Lodha Developers Limited — QIP/Rights/Pref., 06-08-2025: Allotment of Securities
06-08-2025 | 02:56 pm
06-08-2025 | 02:56 pm
Lodha Developers (LODHA) has allotted 1,99,320 equity shares at ₹10 each through its Employee Stock Option Scheme. This corporate action generates approximately ₹0.20 Cr in fresh capital for the company by allowing employees to convert options. While the fund infusion is modest, it's a key part of incentivizing employees by giving them a direct stake. This slightly increases the total number of outstanding shares, a typical part of long-term incentive plans.
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