Lodha Developers to hold 31st AGM on August 14, 2026, recommends final dividend
Lodha Developers will hold its 31st AGM on August 14, 2026, to approve annual accounts and recommend a final dividend of ₹4.25 per share. The dividend, if approved, will be paid by August 7, 2026. Members must update KYC details for dividend payment.
The AGM date and dividend recommendation are important for shareholders, impacting their engagement and potential returns.
The announcement is a routine corporate communication regarding the AGM and dividend payment, with no significant positive or negative financial news.
Lodha Developers Limited (formerly Macrotech Developers Limited) announced that its 31st Annual General Meeting (AGM) will be held on Friday, August 14, 2026, at 3:30 PM IST through Video Conference (VC) / Other Audio-Visual Means (OAVM). The company will also transact business related to the financial year 2025-26, including the approval of the annual accounts. Electronic copies of the AGM notice and the Integrated Report for FY 2025-26 will be sent to members whose email addresses are registered with the Company, RTA, or Depository Participants. These documents will also be available on the company's website and the stock exchanges' websites. The Board of Directors, at a meeting held on April 24, 2026, approved and recommended a final dividend of ₹4.25 per equity share of ₹10 each for the Financial Year ended March 31, 2026. This dividend is subject to the approval of members at the 31st AGM. If approved, the dividend will be paid within 30 days from the conclusion of the AGM to members whose names appear on the Register of Members or as beneficial owners as of the cut-off date, Friday, August 7, 2026. The dividend will be paid electronically to members with updated bank account details. Members holding shares in physical form are reminded of the mandatory requirement to furnish KYC details, including PAN, nomination choice, contact details, bank account details, and specimen signature, through the prescribed forms (ISR-1 and others) to the RTA, MUFG Intime India Private Limited. Dividends for physical folios with incomplete KYC details will be held back until updated. The company also reminded members about the taxability of dividends as per the Income-tax Act, 2025, and the requirement to deduct tax at source (TDS) at the applicable rates based on submitted documents.
What to do with a filing like this
Lodha Developers Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Lodha Developers Limited. Read the original for the full detail.