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Macrotech Developers raises Rs 245 crore through NCDs

28 Sep 2023 Evaluate

Macrotech Developers has raised Rs 245 crore through allotment of 24,500 senior, rated, listed, secured, redeemable non-convertible debentures (NCDs) of Rs 1,00,000 each. The Executive Committee of the Board of Directors of the Company has on September 27, 2023, approved the same. ICRA has rated ‘A+/Positive’ to said NCDs. Date of Maturity will be on September 25, 2026.

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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