Macrotech Developers’ Promoters Repay Debt Owed To Company

Promoters of Macrotech Developers (erstwhile Lodha Developers) have repaid the entire debt owed by them to the company.

Construction elevators operate at a luxury residential project developed by Macrotech Developers Ltd., in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Promoters of Macrotech Developers Ltd. (erstwhile Lodha Developers Ltd.) have repaid the entire debt owed by them to the company.

Shares of Marotech Developers rallied as much as 4.2% to Rs 704.4 apiece, before paring gains.

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