Lodha Developers Acquires 80% Stake in Solidrise Realty for ₹294 Crore
Filing Summary
Lodha Developers Limited has entered into a Share Purchase Agreement to acquire an 80% equity stake in Solidrise Realty Private Limited for a cash consideration of ₹294 crore. The acquisition, announced on February 14, 2026, will result in Solidrise Realty becoming a subsidiary of Lodha Developers. Solidrise Realty, incorporated in March 2025, operates in the real estate sector in Pune. The transaction is expected to be completed by February 16, 2026. No governmental or regulatory approvals are required for this acquisition.
On February 14, 2026, Lodha Developers Limited announced the acquisition of an 80% equity stake in Solidrise Realty Private Limited (SRPL) through a Share Purchase Agreement. The acquisition involves a cash consideration of ₹294 crore. Following this transaction, SRPL will become a subsidiary of Lodha Developers.
SRPL, incorporated on March 21, 2025, operates in the real estate sector in Pune. The acquisition aligns with Lodha Developers’ growth strategy for the Pune market. The transaction is scheduled for completion by February 16, 2026. No governmental or regulatory approvals are necessary for this acquisition.
The acquisition does not fall within related party transactions, and neither the promoter group nor group companies of Lodha Developers have any interest in SRPL. The transaction is conducted at arm’s length.
Solidrise Realty Private Limited is engaged in the real estate business. The company was established in 2025 and focuses on real estate development in Pune. The acquisition is part of Lodha Developers’ strategy to expand its presence in the Pune real estate market.
Lodha Developers Limited, formerly known as Macrotech Developers Limited, is a prominent player in the real estate sector. The company focuses on developing residential and commercial properties. Lodha Developers is committed to expanding its footprint in key markets, including Pune, to enhance its portfolio and market presence.