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Merger & Restructuring

Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.99 Cr

Sri Lotus Developers is acquiring 100% of Veera Desai Projects for Rs. 0.99 Crore. This cash acquisition aims to expand the company's real estate business footprint.

Key figures
Value₹0.99 Cr
Execution periodOn or before July 11, 2026
Source

NSE filing, NSE: LOTUSDEV. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Sri Lotus Developers and Realty Ltd: key numbers

Share price
₹245.93
Market cap
₹12,019 Cr
Revenue (annual)
₹769.0 Cr
Net profit (annual)
₹237.1 Cr
P/E (TTM)
41.0×Sector 33.7×
Promoter holding
79.87%-2.00% QoQ
FII holding
4.18%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Sri Lotus Developers and Realty Ltd

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16:54 IST BSE
Earnings Call

Sri Lotus Developers and Realty Earnings Call Transcript: Key Takeaways

Lotus records explosive growth in luxury residential and commercial redevelopment, leveraging a net debt-free balance sheet.

Call
Guides 60% growth

Other merger & restructuring announcements

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19:53 IST NSE
Merger & RestructuringEmkay Global Financial Services Ltd EMKAY

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value
₹30.00 Cr
Execution
Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals