Macrotech Developers Limited (BSE:543287) (Lodha Group) is planning to raise up to INR 40.00 billion through the issue of securities. The company is looking to raise the additional funds in one or more tranches through any of the permissible modes, Lodha said in a regulatory filing. The developer will be seeking shareholders? nod for the issue in an extra-ordinary general meeting on November 12, 2021. ?Housing market in the last 9 months has gone from strength to strength. While at the beginning of the year we were quite optimistic about the underlying growth and opportunities available, even we have been pleasantly surprised by the trends on the ground that have emerged during this period,? said Abhishek Lodha, Managing Director & Chief Executive Officer, Macrotech Developers.