Lodha Developers Ltd Allots Equity Shares Under Employee Stock Option Scheme
Lodha Developers Ltd confirmed on May 20, 2026, the allotment of equity shares under its 'Lodha Developers Limited - Employee Stock Option Scheme 2021 - II'.The company successfully allotted 3,164 equity shares, with each share valued at ₹ 10/-. This allotment was executed pursuant to the defined Employee Stock Option Scheme 2021 - II.
For context, the company has operated under the name of Macrotech Developers Limited previously. The successful allotment details constitute the core material update concerning the company's equity structure.
LODHA Stock Price Movement
As of 10:20 AM, shares of Lodha Developers Limited are shedding 3.74% in live trading, currently sitting at ₹858.85. The stock sees robust daily activity, with 1.40 million shares trading to indicate strong selling pressure across the market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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