31-Aug-2026 22:06:22
LODHAAcquisition and merger
LODHA DEVELOPERS LIMITED : ACQUIRES BALANCE STAKE IN WHOLLY OWNED SUBSIDIARY
• Lodha Developers Limited acquired the remaining 20% stake in Bellissimo Infratech Private Limited (formerly Solidrise Realty Private Limited) ("BIPL"). • BIPL is now a wholly owned subsidiary of Lodha Developers Limited. • The acquisition is in pursuance to the company's growth strategy for Pune. • The cost of acquisition was ₹73.52 crore. • The transaction is to be completed by September 1, 2026.
Lodha Developers Limited
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