IPO-bound Lodha Developers seeks to drop Abhinandan from promoter group
March 03, 2021
Lodha family’s wealth increased by 18 per cent during 2019 and was 12 per cent of the cumulative wealth of the remaining 99 Indians featured on the list - Bloomberg
Lodha family’s wealth increased by 18 per cent during 2019 and was 12 per cent of the cumulative wealth of the remaining 99 Indians featured on the list - Bloomberg×
Lodha Developers, India’s one of largest real-estate companies that has now been rechristened as Macrotech Developers, has made an application to market regulator SEBI seeking permission to drop Abhinandan Lodha from the promoter group. Abhinandan is the younger sibling of Abhishek Lodha, MD of Macrotech and eldest son of Mangal Prabhat Lodha, the founder promoter of Lodha Group.