Realty major DLF s chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a wealth of Rs 59,030 crore, according to GROHE-HURUN India.
With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Mumbai-based Macrotech Developers (Lodha Group) is at the second position.
Arjun Menda & family of Bengaluru-based RMZ Corp debuted at the third position on the list, with a wealth of Rs 37,000 crore.
As on September 2022, promoters had 82.20 per cent stake in the company and they needed to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding.
As on September 2022, promoters had 82.20 per cent stake in the company and they needed to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding.
Pursuant to the QIP, the company has raised approximately Rs 10,000 crore of equity in the last 20 months, , Macrotech Developers, lodha group, qualified institutional placement (QIP), Abhishek Lodha, stake sale, Marquee Investors