Lodha Developers raises Rs 300 cr through debentures to fund biz
Lodha Developers
has raised Rs 300 crore by issuing debentures on a private placement basis for
business
growth.
In a regulatory filing on Tuesday, the company informed that the executive committee of the Board of Directors has approved the allotment of non-convertible debentures, aggregating to Rs 300 crore on a private placement basis.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Elegant New Scooters For Seniors In 2024: The Prices May Surprise You
Mobility Scooter | Search Ads
Learn More
Undo
The debentures, with an interest
coupon rate
of 7.96 per cent, will be redeemed at par at the end of the 3 years from the date of allotment.
Bonds Corner
Powered By
Lodha Developers raises Rs 300 cr through debentures to fund biz
Realty firm Lodha Developers has raised Rs 300 crore by issuing debentures on a private placement basis for business growth.
Edelweiss Financial Services launches Rs 300 crore NCD issue with yield up to 10.5%
Tariff deadline looms, but bond investors stay calm
India bonds stuck in narrow range despite rise in US peers
Stable Indian government bond yields push investors towards more attractive corporate debt
Browse all Bonds News with
These debentures will be listed on the Wholesale
Debt
Market segment of BSE.
Lodha Developers, erstwhile Macrotech Developers Ltd, is one of the leading real estate firms in the country. It has a significant presence in the Mumbai Metropolitan Region (MMR), Pune and Bengaluru markets.
Live Events
The company develops housing, commercial and warehousing projects.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
6 minutes ago
- Time of India
Virgo Daily Health Horoscope Today, July 09, 2025: Eat nourishing foods
Today, remember that every step forward, no matter how small, deserves celebration. You might focus on big goals, but appreciating minor wins boosts your motivation and joy. Progress is a journey, and each achievement builds momentum. Avoid impatience or self-criticism. Be proud of your efforts and trust that steady growth brings lasting success. Celebrate your path and keep moving with gratitude and confidence. Virgo Health Horoscope Today Your health improves when you recognize small positive changes in your habits. Whether it's drinking more water or taking a short walk, each act supports your vitality. Don't underestimate the power of consistency. Rest well and eat nourishing foods to maintain your energy. Celebrating small health victories encourages you to keep caring for your body with love and patience. Virgo Wellness Horoscope Today Wellness depends on your ability to acknowledge even tiny improvements in your emotional and mental state. Practice gratitude for your efforts and avoid perfectionism. Meditation or journaling can help you notice and celebrate progress. When you appreciate your growth, your overall well-being strengthens, making it easier to handle challenges with resilience and positivity. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Providers are furious: Internet access without a subscription! Techno Mag Learn More Undo Virgo Love Horoscope Today In love, appreciating small moments of connection deepens your relationships. Notice and value kind gestures, honest talks, or shared laughter. If single, celebrate each step you take toward emotional healing or meeting new people. Love grows when you recognize and honor every small sign of progress and connection. Patience and gratitude enhance your emotional bonds. Virgo Career Horoscope Today Career success comes from steady effort and recognizing incremental achievements. Every completed task or new skill learned builds your confidence and reputation. Avoid rushing or focusing only on the end goal. This positive mindset attracts opportunities and helps you overcome obstacles with grace. Virgo Money Horoscope Today Financially, small steps like saving a little or tracking expenses lead to stability and growth. Avoid being discouraged by slow progress. Trust that consistent effort creates long-term security. Celebrate your financial discipline and the positive habits you build. This mindset invites abundance and helps you manage money wisely and confidently. Virgo Affirmation today: I celebrate every step of my progress and growth. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Hans India
6 minutes ago
- Hans India
Women from remote village to get national award
There are a total of 1,203 women's groups in Illantakunta mandal with 12,000 women as members who are receiving loans ranging from Rs 50 000 to Rs 1 lakh for the past 5 years. The target for the 2024-25 in the mandal is Rs 52 crores, of which Rs 11 crores are provided to women's fund groups, while the mandal federation has provided one Rs 1.90 crore and the district federations have also provided loans Sircilla: The Illantakunta Mandal Adarsh Mahila Samakhya in Rajanna Sircilla district, which has been providing services to self-help groups and contributing to their economic development, has been selected for a national level award. In this regard, an invitation has been received by the Samakhya for the awards ceremony that will be held in Delhi as part of Independence Day celebrations. Under the Southern Region, the Illantakunta Mandal Adarsh Samakhya in Rajanna Sircilla district has stood second. Speaking to The Hans India, Katta Vani Sri APM and Katta Soumya Adarsha Mandala Samakya president said that they are proud to receive the national award for undertaking programmes such as establishing New Swashakti Sanghahas, providing financial assistance to the development of poor women through MS, VO, SHGs, providing maximum support of Rs 20 lakhs through Bank link. There are 46 Village Organizations (VOs) under the Adarsh Mandal Samakhya, of which 1,103 self-help groups have more than 12,900 women as members. Under the aegis of Adarsh Mandal Samakhya, loans have been provided to SHG members for more than five years, ensuring their regular repayment, providing insurance to the members and other services. A total of 22 SHGs were selected and Adarsha Mahila Sangham is one of those. Notably, SHG members are provided training and advice to excel in various businesses. Also, awareness seminars are being organised under social responsibility on literacy, financial literacy, water resource conservation, not using plastic, not being a victim of cyber fraud, etc. A woman Battu Sunitha said that after she became a member of Lakshmi Swashakti Sangam and took a loan of Rs 25,000 loan from the association, she bought a sewing machine. She sews falls and rose trims for sarees and knits. 'Along with the income from agriculture, the income from knitting is sufficient to feed the children,' said Sunitha with satisfaction. Another member, Govikari Rajvva said she runs a ladies emporium and a bangle shop and earns up to Rs 10,000 per month. 'Everyone should use the loan provided by the association to develop economically,' she urged. There are a total of 1,203 women's groups in Illantakunta mandal with 12,000 women as members. Women in the group are providing loans ranging from Rs 50 000 to Rs. 1 lakh to achieve economic development. The target for the year 2024-25 in the mandal is Rs 52 crores, of which Rs 11 crores are provided to women's fund groups, while the mandal federation has provided one Rs 1.90 crore and the district federations have also provided loans.
&w=3840&q=100)
Business Standard
8 minutes ago
- Business Standard
Apple names Indian-origin Sabih Khan as COO; here's all you need to know
Apple on Tuesday (local time) announced the appointment of Sabih Khan, an Indian-origin executive, as its new chief operating officer (COO). Khan, who has been with the iPhone maker for three decades, will succeed Jeff Williams, who is stepping down later this month and retiring later this year. Khan's elevation comes at a time when Apple is facing a series of challenges, including slowing iPhone growth and reciprocal tariffs imposed by US President Donald Trump's administration. Khan's three-decade Apple journey and global role Currently serving as senior vice-president of operations, Khan oversees Apple's global supply chain, supplier responsibility programmes, and operations teams. Born in 1966 in Moradabad, Uttar Pradesh, Khan moved to Singapore during his school years before relocating to the United States. He earned a bachelor's degree in economics and mechanical engineering from Tufts University, followed by a master's in mechanical engineering from Rensselaer Polytechnic Institute (RPI). Before joining Apple's procurement team in 1995, Khan worked at GE Plastics as an applications development engineer and key account technical leader. At Apple, he has played a pivotal role in delivering innovative products and shaping the company's global operational strategy. Since 2019, he has led Apple's global supply chain, overseeing procurement, planning, manufacturing, logistics, product fulfilment, and supplier responsibility programmes aimed at protecting and educating workers worldwide. Praise from Tim Cook and Jeff Williams In a statement, Apple chief executive Tim Cook called Khan a 'brilliant strategist' and said, 'Sabih is one of the central architects of Apple's supply chain. While overseeing Apple's supply chain, he has helped pioneer new technologies in advanced manufacturing, overseen the expansion of Apple's manufacturing footprint in the United States, and helped ensure that Apple can be nimble in response to global challenges.' Cook added, 'He has advanced our ambitious efforts in environmental sustainability, helping reduce Apple's carbon footprint by more than 60 per cent. Above all, Sabih leads with his heart and his values, and I know he will make an exceptional chief operating officer.' Outgoing COO Jeff Williams also endorsed the move, stating: 'I've had the pleasure of working closely with Sabih for 27 years, and I think he's the most talented operations executive on the planet. I have tremendous confidence in Apple's future under his leadership in this role.' AI challenges and India shift on the horizon As COO, Khan will also navigate Apple's ongoing efforts to strengthen its artificial intelligence (AI) capabilities. Bloomberg reported that Apple's top AI executive was recently poached by Meta, and the company continues to explore external partnerships to advance its AI technologies. The leadership change comes as Apple accelerates efforts to shift parts of its production from China to India, aiming to reduce its exposure to tariffs imposed by the Trump administration.
