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Lodha Group was established by 1980 by Mangal Lodha, a businessman [10] and politician, who serves as Member of Legislative Assembly. [11]In September 2007, the Deutsche Bank made an investment of ₹ 1,640 crore (US$189 million) by subscribing to the compulsorily convertible debentures (CCDs) of Lodha's subsidiary, Cowtown Land Development Limited.
The company is run by his elder son, Abhishek Lodha. [11] Lodha Developers' shares started trading on NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) on 19 April 2021. [12] His younger son, Abhinandan Lodha founded Lodha Ventures in 2015 and The House of Abhinandan Lodha which was founded in 2021.
The company operates as a subsidiary of Lodha Ventures, [7] which was founded by Abhinandan Lodha in 2015. [8] HOABL focuses on land development projects in various locations, including Alibaug, Anjarle, Dapoli, and Neral in Maharashtra, as well as Ayodhya and Goa. [9] The company launched its first project in April 2021 in the Konkan region of ...
Lodha Park is an 18.5-acre (7.5 ha) luxury residential skyscraper project which was developed by the Lodha Group in the upscale Lower Parel neighborhood of Mumbai, Maharastra, India. The land for the project was purchased from DLF Limited in 2012 for approximately ₹ 2,800 crore (₹ 28,000,000,000). Lodha Park consists of 5 towers, each ...
Birla Corporation Limited is an Indian-based company of the M.P Birla Group, founded by Ghanshyam Das Birla in the late 1910s and carried on by Madhav Prasad Birla.. In the 1890s, Birla Corporation was a jute manufacturing company, but over time, it grew to operate four main divisions: cement, jute, linoleum, and auto trim. [1]
The company is headed by Rajiv Singh, who is the current chairman of the DLF Group. According to the Forbes listing of richest billionaires in 2023, Kushal Pal Singh, Chairman Emeritus, is the 19th richest man in India with a net worth of US$8.8 billion. The company's $ US$ 2 billion IPO in July 2007 was India's biggest IPO in history. [6]
Rajendra Singh Lodha (died 3 October 2008), popularly known as R. S. Lodha, was an Indian chartered accountant and the chairman of the Birla Corporation. He managed several group companies, including Birla Corporation , Universal Cables, Vindhya Telelinks and Birla Ericsson Optical.