Change in Director / Key Managerial Personnel

Nature of change: Appointment and cessation of Senior Management Personnel (SMP) status

Appointment Details:

  • Mr. Kunal Gandhi, Regional CEO, Pune will be categorized as SMP of the Company
  • Effective date: September 1, 2026
  • Reason: Role elevation
  • DIN: Not provided in the disclosure

Cessation Details:

  • Mr. Tikam Jain, CEO-Pune, will cease to be categorized as SMP
  • Effective date: September 1, 2026
  • Reason: Organizational restructuring and transition to an operational role within the Company

Brief Profile of Mr. Kunal Gandhi:

  • Educational Qualifications: B.Tech degree from IIT Bombay and PGP degree from IIM Ahmedabad
  • Experience: Over 20 years of experience across corporate strategy, regional growth and entrepreneurship
  • Company Tenure: Joined Lodha in 2018
  • Previous Roles at Lodha:
  • Led Corporate Strategy for three years (2018-2021)
  • Transitioned to Pune region to oversee Customer Strategy
  • Served as Deputy Regional CEO Pune from 2023
  • Played significant role in strengthening customer experience and the Lodha brand in the regional market

Previous Experience:

  • Founder and CEO of Logic Roots (prior to joining Lodha in 2018)
  • Logic Roots was an innovative venture designed to address motivation gaps in childhood education

Regulatory Compliance:

  • Disclosure made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Changes based on recommendation of the Nomination and Remuneration Committee
  • Board of Directors noted/approved the changes
  • Relationship with other directors: Not Applicable (as per Annexure A)

Company Details:

  • Scrip Symbol/Code: BSE: 543287; NSE Debt Segment: LODHA
  • Date: August 31, 2026
  • Compliance Officer: Sanjyot Nilesh Rangnekar, Company Secretary & Compliance Officer (Membership No. F4154)

Key Financial or Operational Approvals

No financial approvals, capital expenditures, debt/equity decisions, or auditor opinions disclosed in this filing.

Strategic or Business Context

No business outlook, risk commentary, segment-wise insights, or strategic changes disclosed beyond the organizational restructuring mentioned.

Any Other Material Information

  • Organizational restructuring resulting in changes to SMP designations
  • Transition of Mr. Tikam Jain to an operational role within the Company
  • Digital signature confirmation by Sanjyot Nilesh Rangnekar dated August 31, 2026 at 19:29:44 +05'30'