Lodha Group Owner Abhishek Lodha Transfers Shares to Philanthropy Foundation
On Diwali, Abhishek Lodha, CEO of the Lodha Group, announced the transfer of a substantial portion of his shareholding in Macrotech Developers to the Lodha Philanthropy Foundation. With an initial corpus of ₹20,000 crores, the foundation will focus on empowering women, supporting children’s education, promoting environmental sustainability, and preserving Indian culture. This move underscores the Lodha family’s commitment to societal development while enhancing the philanthropic impact of their business success.
