Lodha Developers Allots ₹350 Crore Debentures

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Lodha Developers Limited has announced the allotment of 35,000 rated, listed, senior, secured, redeemable, taxable, transferable, non-convertible debentures, each with a face value of ₹1,00,000, aggregating to ₹350 crore. This allotment was approved by the Executive Committee of the Board of Directors on September 16, 2025.

The debentures are listed on the Wholesale Debt Market segment of the National Stock Exchange of India Limited.

The tenure of the instrument is set to mature on September 15, 2029. The interest rate for these debentures is 7.87% per annum, payable quarterly, with the first payment due on December 31, 2025, and the final maturity date coinciding with the last interest payment.

A first-ranking charge will be created over certain assets, as detailed in the Key Information Document dated September 12, 2025.

In the event of a delay in interest or principal payments for more than three months, a default interest rate of 2% per annum above the applicable interest rate will be applied to the outstanding amount.

The debentures will be redeemed at face value in 12 quarterly installments, commencing from December 31, 2026, with the final installment due on the maturity date.

The debentures are senior, secured, redeemable, taxable, and transferable, enhancing their appeal to a wide range of investors.

Sanjyot Rangnekar, the Company Secretary & Compliance Officer, confirmed that this information is accurate and compliant with SEBI regulations.

Redemption by face value in 12 quarterly installments commencing from December 31, 2026, with the final installment due on the maturity date.