Rajendra Lodha Arrested in Lodha Group Money Laundering
Analysis based on 11 articles · First reported Feb 12, 2026 · Last updated Feb 13, 2026
The arrest of Rajendra Lodha, a former director of Lodha Group, in a significant money laundering case could negatively impact investor confidence in the real estate sector, particularly concerning corporate governance and financial transparency. For Lodha Group, the event highlights internal control failures and potential reputational damage, although their cooperation with authorities may mitigate some negative sentiment.
The India===Enforcement Directorate has arrested Rajendra Lodha, a former director of Lodha Group, in a money laundering case involving Rs 85 crore. The arrest follows a complaint by Lodha Group regarding financial irregularities and fraudulent dealings. Rajendra Lodha is accused of orchestrating a scheme to divert company funds through bogus land acquisitions, undervalued asset sales, and fabricated agreements, often colluding with his son, Sahil Lodha, and other associates. The investigation has uncovered instances of land being resold to Lodha Group at inflated prices and company land being sold to front entities at significantly undervalued rates. Digital evidence and witness testimonies, including that of Rajendra Lodha's driver, have been collected. Authorities also seized documents and cash ledgers from Deepak Lodha, Rajendra Lodha's brother, as part of the ongoing probe. Lodha Group is fully cooperating with the investigation.
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