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Macrotech Developers Ltd - 543287 - Outcome Of MPS Committee Meeting Held On December 12, 2022

MPS Committee at its meeting held today i.e. December 12, 2022 has, inter alia, approved i.) closure of the offer period for the Offer today i.e. December 12, 2022; ii.) The offer price of ? 1026/- per Equity Share to be transferred to the eligible qualified institutional buyers in the Offer; iii.) the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of transfer of Equity Shares pursuant to the Offer; and iv.)the placement document dated December 12, 2022 in connection with the Offer.
12-12-2022

Macrotech Developers' promoters plan to raise Rs 3,500 crore via share sale

Realty firm Macrotech Developers' promoters plan to raise about Rs 3,500 crore by selling shares to institutional investors, according to sources. Mumbai-based Macrotech Developers sells its properties under the Lodha brand. In a regulatory filing late on Wednesday, Macrotech Developers informed that the company has launched Qualified Institutional Placement (QIP) of the equity shares. The QIP consists of an offer-for-sale (OFS) of shares by promoter group entities -- Sambhavnath Trust, Sambhavnath Infrabuild and Farms Pvt Ltd, Hightown Constructions Pvt Ltd and Homecraft Developers and Farms Pvt Ltd. The promoters are selling shares for the purpose of achieving minimum public shareholding, the filing said. As on September 2022, promoters had 82.20 per cent stake in the company and they need to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding. Macrotech informed that the floor price has been fixed at Rs 1,022.75 per share but did not .
08-12-2022

Macrotech Developers board approves QIP, fixes floor price at 1,022.75/share

Sambhavnath Trust, Sambhavnath Infrabuild and Farms Private Limited, Hightown Constructions Private Limited and Homecraft Developers and Farms Private Limited will offer their stake.
07-12-2022
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Macrotech Developers Ltd - 543287 - MPS Committee Meeting Outcome For Submission Of Unaudited Condensed Consolidated Interim Financial Statements As At And For The Six Months Ended September 30, 2022 Along With The Review Report Of The Statutory Auditors Of The Company.

MPS Committee ('Committee') at its meeting held today i.e. December 7, 2022 has, inter alia, approved the unaudited condensed consolidated interim financial statements as at and for the six months ended September 30, 2022, along with the review report issued by MSKA & Associates, Chartered Accountants, Statutory Auditors of the Company and a copy of the same is attached herewith
07-12-2022
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Macrotech Developers Ltd - 543287 - Outcome Of MPS Committee Meeting Held On December 7, 2022

Qualified institutions placement of the equity shares of face value of ?10 each ('Equity Shares') of Macrotech Developers Limited (the 'Company') consisting of an offer for sale of Equity Shares by Sambhavnath Trust, Sambhavnath Infrabuild and Farms Private Limited, Hightown Constructions Private Limited and Homecraft Developers and Farms Private Limited ('Selling Shareholders'), being members of promoters and promoter group of the Company, under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the 'SEBI ICDR Regulations'), and Section 42 of the Companies Act, 2013, as amended, including the rules made thereunder, to the extent applicable, for the purpose of achieving minimum public shareholding in terms of the Securities Contracts (Regulation) Rules, 1957, as amended (the 'Offer')
07-12-2022

Macrotech Developers Plans $450 Million Share Sale: Report

Macrotech is known for its premium real estate, including a tie-up with former U.S. president Donald Trump for a building in the Indian financial capital of Mumbai.
07-12-2022
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Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

The Company has allotted 45,919 equity shares of Rs.10/- each, on November 21, 2022 pursuant to the Macrotech Developers Limited - Employee Stock Option Plan 2021 & Macrotech Developers Limited - Employee Stock Option Scheme 2021 - II
22-11-2022
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Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Company's press release on achieving an exceptional ESG score in S&P Global Corporate Sustainability Assessment is enclosed
21-11-2022
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Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

kindly find the details of schedule of Analysts/Institutional Investors Conference Call enclosed
15-11-2022
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Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for Scheme of Merger by Absorption (''Scheme'') of five wholly owned subsidiaries with the Company
11-11-2022
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