NSEChange in Management4d ago · 31 Aug 2026, 07:58 pm
Change in Management
Lodha Developers Limited · LODHA
✦ AI SummaryMgmt Change
Lodha Developers Limited has informed the Exchange about change in Management, with Mr. Kunal Gandhi being categorized as Senior Management Personnel and Mr. Tikam Jain ceasing to be categorized as SMP due to organizational restructuring.
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Lodha Developers Limited has informed the Exchange about change in Management
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August 31, 2026
BSE Limited
Scrip Code: 543287
Debt Segment – 976262, 976764, 976895, 976923, 977163, 977293
National Stock Exchange of India Limited
Debt Segment
Trading Symbol: LODHA
Dear Sirs,
Sub: Changes in Senior Management Personnel
Ref: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”).
Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors of
Lodha Developers Limited (‘the Company’), based on the recommendation of the Nomination and
Remuneration Committee, has noted/approved the following changes in SMP of the Company:
1. Mr. Kunal Gandhi, Regional CEO, Pune will be categorized as SMP of the Company with effect from
September 1, 2026.
2. Mr. Tikam Jain, CEO- Pune, will cease to be categorized as SMP due to an organizational restructuring
and transition to an operational role within the Company, with effect from September 1, 2026.
The details required under Regulation 30 of the Listing Regulations read with the relevant SEBI circular(s)
is enclosed as Annexure - A.
We request you to kindly take the above information on record.
Thanking you,
Yours faithfully,
For Lodha Developers Limited
(Formerly known as Macrotech Developers Limited)
Sanjyot Rangnekar
Company Secretary & Compliance Officer
Membership No. F4154
Enc.: As above
Annexure A
Sr. No. Details of Events that need to be Information of such event(s)
provided
1. Name of Senior Management Mr. Kunal Gandhi
Personnel
2. Reason for change viz. appointment, Role elevation
re-appointment, resignation, removal,
death or otherwise
3. Date of appointment/ re-appointment/ w.e.f. September 1, 2026
cessation (as applicable) & term of
appointment/ re-appointment;
4. Brief profile (in case of appointment) Mr. Kunal Gandhi holds a B Tech degree from IIT
Bombay and a PGP degree from IIM Ahmedabad. He has
over 20 years of experience across corporate strategy,
regional growth and entrepreneurship. He joined Lodha
in 2018 and led Corporate Strategy for three years before
transitioning to the Pune region to oversee Customer
Strategy, subsequently serving as Dy. Regional CEO-
Pune from 2023, where he played a significant role in
strengthening customer experience and the Lodha brand
in the regional market. Prior to joining Lodha in 2018, he
was the Founder and CEO of Logic Roots, an innovative
venture designed to address motivation gaps in childhood
education.
5. Disclosure of relationships between Not Applicable
directors (in case of appointment of a
director)