Lodha Developers 31st AGM Approves All Resolutions

Meeting Details

Date: August 14, 2026
Time: 3:30 p.m. (IST)
Location: Conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM)
Type of Meeting: 31st Annual General Meeting
Corporate Office Address: One Lodha Place, near Lodha World Towers, Senapati Bapat Marg, Mumbai, 400 013, Maharashtra

Proposed Resolutions and Implications

The meeting transacted six items of business:

1. Ordinary Resolution: To receive, consider and adopt:

Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of the Board and Auditors
Audited Consolidated Financial Statements for FY ended March 31, 2026, with Reports of the Auditors

2. Ordinary Resolution: To declare final dividend of ₹4.25 per equity share of face value ₹10 each for FY ended March 31, 2026

3. Ordinary Resolution: To appoint a director in place of Mr. Shaishav Dharia (DIN: 06405078), who retires by rotation and offered himself for re-appointment

4. Ordinary Resolution: Appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants as the Statutory Auditors of the Company

5. Special Resolution: Continuation of Mr. Rajinder Pal Singh (DIN: 02943155) as a Non-Executive, Non-Independent Director after attaining age of 75 years, for three years

6. Ordinary Resolution: Ratification of remuneration of the Cost Auditor for FY 2026-27

Voting Process and Methods

The voting process included:

Remote e-voting: Available on INSTAMEET platform from August 11, 2026 (9:00 a.m. IST) to August 13, 2026 (5:00 p.m. IST)
E-voting during AGM: Available to shareholders who hadn't voted remotely
Cut-off date: August 7, 2026 for determining voting rights
Service Provider: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Voting Platform: https://instavote.linkintime.co.in

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

Total votes cast: 937,869,786 shares (93.8687% of outstanding)
In favor: 937,869,590 shares (100.0000% of votes polled)
Against: 196 shares (0.0000% of votes polled)
Promoter group: 100% in favor (702,485,334 shares)
Public institutions: 100% in favor (233,725,209 shares)
Public non-institutions: 99.9882% in favor (1,659,047 shares), 0.0118% against (196 shares)

Resolution 2: Final Dividend Declaration

Total votes cast: 938,769,293 shares (93.9588% of outstanding)
In favor: 938,769,097 shares (100.0000% of votes polled)
Against: 196 shares (0.0000% of votes polled)
Promoter group: 100% in favor (702,485,334 shares)
Public institutions: 100% in favor (234,624,699 shares)
Public non-institutions: 99.9882% in favor (1,659,064 shares), 0.0118% against (196 shares)

Resolution 3: Re-appointment of Mr. Shaishav Dharia

Total votes cast: 937,731,633 shares (93.8549% of outstanding)
In favor: 933,868,146 shares (99.5880% of votes polled)
Against: 3,863,487 shares (0.4120% of votes polled)
Promoter group: 100% in favor (702,485,334 shares)
Public institutions: 98.3534% in favor (230,760,438 shares), 1.6466% against (3,863,228 shares)
Public non-institutions: 99.9584% in favor (622,374 shares), 0.0416% against (259 shares)

Resolution 4: Appointment of Statutory Auditors

Total votes cast: 938,768,249 shares (93.9587% of outstanding)
In favor: 936,413,680 shares (99.7492% of votes polled)
Against: 2,354,569 shares (0.2508% of votes polled)
Promoter group: 100% in favor (702,485,334 shares)
Public institutions: 98.9965% in favor (232,269,317 shares), 1.0035% against (2,354,349 shares)
Public non-institutions: 99.9867% in favor (1,659,029 shares), 0.0133% against (220 shares)

Resolution 5: Continuation of Mr. Rajinder Pal Singh

Total votes cast: 938,768,249 shares (93.9587% of outstanding)
In favor: 936,413,680 shares (99.7492% of votes polled)
Against: 2,354,569 shares (0.2508% of votes polled)

Resolution 6: Ratification of Cost Auditor Remuneration

Total votes cast: 938,768,260 shares (93.9587% of outstanding)
In favor: 938,768,052 shares (100.0000% of votes polled)
Against: 208 shares (0.0000% of votes polled)
Promoter group: 100% in favor (702,485,334 shares)
Public institutions: 100% in favor (234,623,666 shares)
Public non-institutions: 99.9875% in favor (1,659,052 shares), 0.0125% against (208 shares)

Participation Breakdown

Total shareholders on record date: 141,461
Promoters present through VC/OAVM: 6 members
Public shareholders present through VC/OAVM: 57 members
Total attendees: 63 members

Scrutinizer's Role and Findings

Scrutinizer: Mr. Ashish Garg, Partner of M/s GDR & Partners LLP, Practicing Company Secretaries
Role: Scrutinized the remote e-voting process and e-voting during AGM
Findings: All resolutions were duly passed by members
Process: Votes were unblocked in presence of witnesses Ms. Shivanshi Sharma and Ms. Unnati Agrawal
Custody: All relevant records remain with scrutinizer until minutes are approved

Compliance Confirmation

The meeting was conducted in compliance with:

Companies Act, 2013 and Rules framed thereunder
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Secretarial Standard - 2 on General Meetings issued by ICSI
MCA Circular No. 03/2025 dated September 22, 2025
SEBI Circular dated October 3, 2024 read with Master Circular dated November 11, 2024

Additional Information

Notice of AGM dated June 30, 2026
Annual Report for FY2025-26 dispatched by email on July 10, 2026
Advertisements published in Business Standard (English) and Navshakti (vernacular) on July 1, 2026 and July 11, 2026
All documents available on company website www.lodhagroup.com and stock exchange websites