Q3FY24 Operating Highlights

Recurring Cash-flow generation through land monetization Signed definitive agreement with NewCold, one of the largest automated warehouse & cold chain logistics companies globally, for land sale at Palava for INR 1.5bn. ✓ Sold land to Panama Petrochem, a leading manufacturer of specialty petroleum product, at INR ~65mn per acre during the quarter ~375 acres land monetized till date from land sales to industry ✓ Aptar Pharma & Flyjack along with Schlumberger & Skechers to be operational in FY24, boosting economic activity & job creation at Palava (INR bn) Cashflow from land sales LODHA BUILDING A BETTER LIFE Jan-21 to Dec-23 Q3FY24 16.8 0.5 22

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