Lodha Developers Limited (LODHA) — Announcement

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📢 Key Event
Company ceases subsidiary status for Lodha iThink-Tower A project

🔄 What Changed
Subsidiary status terminated; net worth now negative

🔮 What's Next
Transaction completion before August 31, 2026

💡 Investor Takeaway
Shareholders see no material financial impact from this structural change.

Lodha Developers announced the cessation of Thane Commercial Tower A Management Private Limited as a wholly owned subsidiary effective June 10, 2026, following the transfer of its equity to project unit holders under the Maharashtra Ownership Flats Act. The subsidiary contributed negligible financial value, with negative net worth of ₹(1.25) lakh as of March 31, 2026, and the transaction is set to complete before August 31, 2026.

📄 View Original Announcement (PDF)

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