Lodha Developers raises ₹350 crore via private placement of NCDs

Lodha Developers has successfully raised ₹350 crore through a private placement of listed, secured, redeemable NCDs with a floating interest rate linked to MIBOR. The funds will enhance the company’s funding profile and refinance existing liabilities. Additionally, the company recently secured ₹300 crore through NCDs with a fixed interest rate.

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