Lodha Developers Limited (formerly Macrotech Developers Ltd) has acquired a 100% stake in Chaitanya Bilva Private Limited (CBPL) for ₹499.61 crore in cash. As per the exchange filings, the transaction was completed on October 13, 2025.
With this, CBPL has become a wholly owned subsidiary of Lodha Developers. The acquisition gives Lodha ownership of around 8.37 acres of land in Bengaluru.
The deal was executed at arm’s length and does not fall under related-party transactions. Lodha Developers confirmed that no regulatory approvals were required for completing the acquisition. The purchase aligns with the company’s ongoing plan to grow in Tier 1 cities through inorganic expansion.
Chaitanya Bilva Private Limited was incorporated on November 17, 2021. The company is involved in the development and construction of residential real estate projects. As of March 31, 2025, CBPL had a net worth of ₹13.10 crore. It has not yet started operations and reported no turnover in the last three financial years.
As of June 30, 2025, Lodha Developers reported net debt of ₹5,080 crore. The company maintained its internal cap of 0.5x net debt-to-equity, even with higher land and project-related investments.
As of October 14, 2025, 10:09 AM, Lodha Developers share price is trading at ₹1,152.30, a 0.17% decline from the previous closing price.
Read More: Lodha Developers Acquires MMR Land for ₹2,300 Crore Housing Project, Achieves FY26 Land Target Early!
Following the acquisition, Chaitanya Bilva Private Limited is now a wholly owned subsidiary of Lodha Developers, adding a Bengaluru land parcel to the company’s portfolio.
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Published on: Oct 14, 2025, 1:08 PM IST
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