Lodha Philanthropy Foundation to be significant shareholder of Macrotech Developers

Lodha Group is transferring a substantial shareholding in Macrotech Developers to Lodha Philanthropy Foundation with an initial Rs 20,000 crore. This move will support national and social upliftment, including female workforce participation, mathematical research, and scholarships for Indian students. Abhishek Lodha cites Tata Trusts' legacy as inspiration for this initiative.

Oct 29, 2024 - 17:00
Lodha Philanthropy Foundation to be significant shareholder of Macrotech Developers

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Lodha Group is transferring a substantial shareholding in Macrotech Developers to Lodha Philanthropy Foundation with an initial Rs 20,000 crore. This move will support national and social upliftment, including female workforce participation, mathematical research, and scholarships for Indian students. Abhishek Lodha cites Tata Trusts' legacy as inspiration for this initiative.
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