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Macrotech Developers gets nod to raise up to Rs 3000 crore through NCDs

02 Nov 2022 Evaluate

Macrotech Developers has received approval to raise upto Rs 3000 crore by way of issuance of Non-Convertible Debentures (NCDs), from time to time, to diversify pool of debt capital and achieve reduction in cost of funds. The Executive Committee of the Board has been authorised to take all necessary steps, incidental, consequential, relevant or ancillary, in connection with the issue of NCDs as above. The Board of Directors at its meeting held on November 1, 2022, has approved the same.

Macrotech Developers is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.

Lodha Developers Share Price

871.70 -2.00 (-0.23%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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