Macrotech Developers has allotted 83,375 equity shares under ESOS on 10 December 2024. Powered by Capital Market - Live News

Macrotech Developers has executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the Digital Infrastructure Platform entities (viz. Bellissimo Digital Infrastructure Development Management , Palava Induslogic 4 and Bellissimo In City FC Mumbai 1 ), in entirety at a consideration of Rs 307 crore, subject to fulfilment of certain closing conditions. This is in pursuance of our planned strategy for calibrated growth in our annuity income through Digital Infrastructure viz. Industrial and Logistics under the LILP (Lodha Industrial and Logistics Park) brand, the company said. Powered by Capital Market - Live News

Macrotech Developers has allotted 78,328 equity shares of Rs.10/- each on October 29, 2024, pursuant to the Macrotech Developers Limited - Employee Stock Option Scheme 2021 � II.Powered by Capital Market - Live News

Net profit of Macrotech Developers rose 109.46% to Rs 422.90 crore in the quarter ended September 2024 as against Rs 201.90 crore during the previous quarter ended September 2023. Sales rose 50.07% to Rs 2625.70 crore in the quarter ended September 2024 as against Rs 1749.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2625.701749.60 50 OPM %26.8123.55 - PBDT626.40294.50 113 PBT559.90265.20 111 NP422.90201.90 109 Powered by Capital Market - Live News

Macrotech Developers will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live News