Lodha Group records 271% jump in FY22 net profit at Rs 1,262 croreFor the quarter ended March, net profit grew 97% from a year ago Rs 573 crore on the back of Rs 36% rise in revenue at Rs 3,445 crore.
27 Apr, 2022, 05.04 PM IST
Macrotech Developers FY22 sales Rs 14,000 crore, collections up 70%“Our best ever quarterly and annual performance showcases the growing demand for high quality homes in India. The fourth quarter was our be...
06 Apr, 2022, 08.22 PM IST
Lodha Group merger leaves small investors trapped in this midcapNational Standard, which had a market capitalisation of more than Rs 20,000 crore on Thursday, is being merged with Macrotech for a valuati...
28 Jan, 2022, 11.00 AM IST
Lodha Developers plans to raise Rs 2,500 crore with 10% dilution through IPOThis is the third time the developer is proposing to take the company public with a share sale after attempting the same in 2009 and 2018 a...
17 Feb, 2021, 08.24 AM IST
Supreme Court dismisses Birlas’ plea against High Court’s AGM orderOn May 4, a division bench of the Calcutta High Court had vacated an earlier order that restrained three MP Birla Group companies from publ...
12 May, 2020, 10.21 AM IST
Birlas to challenge Harsh Lodha's reinstatement as director in MP Birla Group firmsThe decision of the Birlas comes in spite of a favourable verdict from a two-judge division bench of the Calcutta High Court which on Monda...
06 May, 2020, 04.56 PM IST
Calcutta HC allows MP Birla Group companies to declare voting results of its AGMOn Monday, the court had also said that the order is not sustainable in view of the fact that orders and/or directions were passed interfer...
06 May, 2020, 10.26 AM IST
Lodha reinstated at 2 MP Birla companiesLodha’s reappointment and some other proposals were taken up at the annual shareholder meetings (AGMs) in 2019.
06 May, 2020, 09.11 AM IST
Old hostilities between Birlas and Lodhas resurface“The decision not to support the resolutions is wrongful,” Lodha told reporters after Birla Corporation’s 99th AGM in Kolkata.
14 Aug, 2019, 01.18 PM IST
Setback for Lodhas in dispute over control of MP Birla GroupCourt-appointed committee not to support Lodha's reappointment as director.
13 Aug, 2019, 11.50 AM IST
Surge in Lodha’s bond yield hints at stress in the groupDollar-denominated bonds issued by the developer are quoted at 72 per cent YTM.
01 Aug, 2019, 10.07 AM IST
Lodha Developers defers IPO amid market turmoilLodha had filed its draft red herring prospectus for the issue in April.
13 Oct, 2018, 10.02 AM IST
Fitch downgrades Lodha Developers to 'B'; outlook negativeFitch has also downgraded the long-term rating on Lodha's $200 million senior unsecured notes due in 2020 to 'B' from 'B+'.
13 Jun, 2016, 10.02 PM IST
BCCI forms working group to study Lodha Committee order on IPLIPL Governing Council met on Sunday and decided to abide by the Lodha Committee verdict suspending two franchises and banning two team ofic...
19 Jul, 2015, 05.14 PM IST
Rs 8,000-crore realty major Lodha to realign business under scionsAccording to analysts, the group’s decision to buy two properties in London has seen debt levels going up while there is no immediate visib...
14 Jul, 2015, 01.08 PM IST
DLF to sell its 17.5-acre land in Mumbai's Lower Parel to Lodha Group and a PE player for Rs 2,800 croreThe deal will help the Delhi-based builder pare part of its burgeoning debt that had reached Rs 22,725 crore by March 31.
30 Jul, 2012, 10.56 AM IST
- Deutsche Bank buys 25% in Lodha's SPV
In What could be one of the largest property deals in India, Deutsche Bank Singapore has picked up around 25% stake in a special purpose ve...
28 Sep, 2007, 01.53 AM IST