American Funds (Capital Group) decreased its stake in Lodha Developers Limited from 4.00% to 3.85%, selling 1,502,199 shares for ₹186.24 Cr at ₹1239.80 per share.
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.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.
