
Acquisitions31 Aug 2026, 10:10 pm
Lodha Developers Acquires Remaining 20% Stake in Bellissimo Infratech
AI Summary
Lodha Developers Ltd (formerly Macrotech Developers Ltd) has acquired the remaining 20% stake in Bellissimo Infratech Private Limited (BIPL), formerly Solidrise Realty Private Limited. This acquisition, completed for a cash consideration of ₹73.52 crore, makes BIPL a wholly owned subsidiary of Lodha Developers. BIPL, incorporated in March 2025, is in the real estate business and had a net worth of ₹97.30 crore as of March 31, 2026, with NIL turnover as operations had not commenced. The acquisition is part of the company's growth strategy for Pune and is expected to be completed by September 1, 2026. No governmental or regulatory approvals were required.
Key Highlights
- Lodha Developers acquired the remaining 20% stake in Bellissimo Infratech.
- The acquisition cost was ₹73.52 crore in cash.
- Bellissimo Infratech is now a wholly owned subsidiary.
- The move aligns with Lodha's growth strategy for Pune.
Price Impact
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