NSEAcquisition1d ago · 31 Aug 2026, 10:04 pm

Acquisition

Lodha Developers Limited · LODHA

✦ AI SummaryM&A

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.