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Lodha Developers Announces Director Resignation Amid Ethics Review

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Lodha Developers Announces Director Resignation Amid Ethics Review

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Macrotech Developers Ltd. ( (IN:LODHA) ) has shared an announcement.

Lodha Developers Limited announced the resignation of Mr. Rajendra Lodha from the board of directors, effective August 17, 2025, amid a review of certain conduct-related matters by the company’s Ethics Committee. Despite his distant familial connection to the Managing Director & CEO, the company assures stakeholders that this change will not materially affect its performance and reiterates its dedication to high governance standards.

More about Macrotech Developers Ltd.

Lodha Developers Limited, formerly known as Macrotech Developers Limited, operates in the real estate industry, focusing on residential and commercial properties. The company is known for its commitment to governance, transparency, and integrity in its operations.

Average Trading Volume: 65,031

Technical Sentiment Signal: Sell

Current Market Cap: 1230.9B INR

For detailed information about LODHA stock, go to TipRanks’ Stock Analysis page.

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