Corporate Filing
Lodha Developers allots 27,094 equity shares under ESOP 2021-II
Lodha Developers Limited, formerly Macrotech Developers Limited, informed stock exchanges on 22 October 2026 that it had allotted 27,094 equity shares of Rs 10 face value each under its Employee Stock Option Scheme 2021-II. The filing is a routine share-capital update and has no direct bearing on Lodha's homes, launches or sales.
| Filing date | 22 October 2026 |
|---|---|
| Shares allotted | 27,094 equity shares |
| Face value | Rs 10 per share |
| Scheme | Employee Stock Option Scheme 2021-II (ESOP 2021-II) |
| Exchanges | BSE (Scrip Code 543287) and NSE (symbol LODHA) |
| Signed by | Sanjyot Rangnekar, Company Secretary and Compliance Officer |
| Company | Lodha Developers Limited, formerly Macrotech Developers Limited; headquartered in Mumbai |
What was filed
On 22 October 2026, Lodha Developers Limited told BSE and the National Stock Exchange that it had allotted 27,094 equity shares of Rs 10 face value each. The shares were issued under the company's Employee Stock Option Scheme 2021-II, as part of a routine exercise of options by eligible employees.
The announcement was filed under Regulation 30 of the SEBI listing rules, the provision used for allotments under employee stock schemes. The filing is signed by Sanjyot Rangnekar, Company Secretary and Compliance Officer.
The filing gives the share count and face value. It does not set out the exercise price or the names of the employees who received shares.
Recent allotments under the same scheme
This is one of a series of allotments under the ESOP 2021-II scheme in 2026. Earlier exchange filings include:
- 7 October 2026: 27,616 equity shares (BSE filing)
- 23 September 2026: 50,720 equity shares (BSE filing)
- 9 September 2026: 1,11,859 equity shares
- 9 July 2026: 22,798 equity shares
- 23 April 2026: 20,156 equity shares
- 18 March 2026: 22,992 equity shares
Allotments of this kind are made as employees exercise options, so the number of shares issued varies from one filing to the next.
What it means for home buyers
The filing has no direct implication for buyers of Lodha homes. It concerns the company's share capital, not its property operations, project delivery, pricing or sales.
What it means for investors
Each allotment increases the number of issued equity shares, because option holders who exercise their options receive newly issued shares. A 27,094-share allotment is small relative to the company's share base. The filing does not indicate any change in the company's business.
Company context
Lodha reported FY26 profit after tax of about Rs 3,430 crore, up 24%, on revenue of about Rs 16,680 crore, up 21%, according to a report published in April 2026 (Whalesbook). Figures differ slightly across reports.
FY26 pre-sales were Rs 20,530 crore, up 16% year on year, but below the company's guidance of Rs 21,000 crore. Business Standard attributed the shortfall to deferred buying decisions linked to the Iran war (Business Standard).
The company reported its net debt to equity ratio at 0.23 times at the end of FY26, down from 3.5 times at the time of its IPO (Whalesbook).
Lodha is headquartered in Mumbai and develops townships, premium housing and commercial space mainly in the Mumbai Metropolitan Region and Pune, with projects in Bengaluru and the National Capital Region. Its investor relations page lists shareholder information and filings (Lodha Group investor relations).
What comes next
The 22 October 2026 filing sets no further allotment, meeting or deadline. Future ESOP 2021-II allotments will be disclosed through exchange filings as options are exercised.
Frequently asked questions
How many shares did Lodha Developers allot under ESOP 2021-II?
Lodha Developers allotted 27,094 equity shares of Rs 10 face value each, as disclosed in an exchange filing dated 22 October 2026.
Does this allotment affect people buying Lodha homes?
No. The filing concerns share capital issued to employees under a stock option scheme. It does not change project delivery, prices or sales terms.
Who signed the filing?
The filing was signed by Sanjyot Rangnekar, Company Secretary and Compliance Officer of Lodha Developers Limited.
Which stock exchanges were notified?
The filing was addressed to BSE Limited (Scrip Code 543287) and the National Stock Exchange of India, under the trading symbol LODHA.
Why does the company issue shares under ESOP schemes?
Employee stock option schemes give eligible employees the right to buy company shares at a set price. When employees exercise those options, the company issues new equity shares, which is recorded as an allotment.