NSEAcquisition1d ago · 31 Aug 2026, 10:04 pm
Acquisition
Lodha Developers Limited · LODHA
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Lodha Developers Limited has acquired the remaining 20% stake in Bellissimo Infratech Private Limited, making it a wholly owned subsidiary.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Lodha Developers Limited has informed the Exchange about Acquisition of balance stake in Bellissimo Infratech Private Limited (Formerly known as Solidrise Realty Private Limited)
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LODHA_31082026220403_LDL_Acquisition_of_remaining_shares_in_Bellissimo_Infratech_Pvt_Ltd.pdf
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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: Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Acquisition of balance
stake in Bellissimo Infratech Private Limited
In continuation to our letter dated February 14, 2026, we wish to inform you that, the Company has acquired
remaining 20% stake in Bellissimo Infratech Private Limited (Formerly known as Solidrise Realty Private
Limited) (“BIPL”), thereby making it a wholly owned subsidiary of the Company.
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 take the same on record.
The above information is also available on the Company’s website at www.lodhagroup.com.
Thanking you,
Yours faithfully,
For Lodha Developers Limited
(Formerly known as Macrotech Developers Limited)
Sanjyot Rangnekar
Company Secretary & Compliance Officer
Membership No. F4154
Encl.: As above
Annexure A
Sr. Details of Events that need to be Information of such event(s)
No. provided
1. Name of the target entity, details in brief Bellissimo Infratech Private Limited (Formerly known
such as size, turnover etc. as Solidrise Realty Private Limited) (“BIPL”).
As on March 31, 2026:
Net worth: ₹ 97.30 crore
Turnover: ₹ NIL
2. Whether the acquisition would fall within No
related party transaction(s) and whether the
promoter/ promoter group/ group companies
have any interest in the entity being
acquired?
If yes, nature of interest and details thereof
and whether the same is done at “arm’s
length”.
3. Industry to which the entity being acquired Real estate
belongs.
4. Objects and effects of acquisition (including The acquisition is in pursuance to our growth
but not limited to, disclosure of reasons for strategy for Pune.
acquisition of target entity, if its business is
outside the main line of business of the listed
entity).
5. Brief details of any governmental or None
regulatory approvals required for the
acquisition.
6. Indicative time period for completion of the This transaction to be completed by September 1,
acquisition. 2026.
7. Nature of consideration – whether cash Cash consideration
consideration or share swap and details of
the same.
8. Cost of acquisition or the price at which the ₹ 73.52 crore
shares are acquired.
9. Percentage of shareholding / control Acquired remaining 20% stake in BIPL.
acquired and / or number of shares
acquired.
10. Brief background about the entity acquired in BIPL, incorporated on March 21, 2025, is in the real
terms of products/line of business acquired, estate business.
date of incorporation, history of last 3 years
turnover, country in which the acquired entity The total turnover for the financial year ended March
has presence and any other significant 31, 2026 was ₹ NIL as BIPL has not commenced
information (in brief). business operations.