Macrotech Developers has raised Rs 300 crore through the allotment of 30,000 rated, listed, senior, secured, redeemable, taxable, transferable, non-convertible debentures (NCDs) of Rs 1,00,000 each. The Executive Committee of the Board of Directors of the Company has on December 23, 2024, approved allotment of 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.
