Lodha Developers Limited
Fidelity bought 1,32,64,600 shares of Lodha Developers for ₹1244.02 Cr at ₹937.85 apiece in a bulk deal. This purchase was part of a larger transaction where Fidelity acquired a 1.99% stake in Lodha Developers from promoter entities.
A leading real estate developer in India, Lodha Developers primarily builds residential and commercial properties across major metropolitan markets. The company operates in Mumbai Metropolitan Region, Pune, and Bengaluru, establishing itself among India's largest developers by development pipeline and presales volume. Its portfolio encompasses luxury residential projects, commercial office spaces, retail developments, and integrated mixed-use properties designed for urban markets.
Boston-based global active asset manager with India exposure through emerging market and India-focused funds.