Macrotech Developers Acquires Interest in Digital Infrastructure Platform Entities for ₹ 307.00 Crore

Macrotech Developers Ltd. has executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for the acquisition of their interest in the Digital Infrastructure Platform entities. This includes Bellissimo Digital Infrastructure Development Management Private Limited, Palava Induslogic 4 Private Limited, and Bellissimo In City FC Mumbai 1 Private Limited. The total consideration is ₹ 307.00 crore. This acquisition is in line with the company's objective of gradually growing its annuity income and is part of its planned strategy for calibrated growth in Digital Infrastructure viz. Industrial and Logistics under the LILP (Lodha Industrial and Logistics Park) brand.