Sri Lotus Developers and Realty Promoter Selling: ₹573 Cr
Promoter Anand Kamalnayan Pandit sold 2.39 crore shares via NSE market sale, worth Rs.572.96 Crore. Promoter holding falls from 70.03% to 65.14%.
- Value
- ₹573.0 Cr
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Promoter Anand Kamalnayan Pandit sold 2.39 crore shares via NSE market sale, worth Rs.572.96 Crore. Promoter holding falls from 70.03% to 65.14%.
SMALLCAP World Fund, Inc. acquired 2,416,696 shares of Sri Lotus Developers and Realty Limited through the open market. This acquisition increases the fund's stake from 4.97% to 5.47%.
Promoter Anand Pandit is exercising an oversubscription option to sell 27,04,182 more shares via exchanges. Total offer rises to 2.65 crore shares, 5.42% of equity.
Promoter Anand Pandit offers up to 2.38 crore shares via exchange OFS on 3-4 November 2026. Floor price ₹240 implies about ₹571 Crore at base size.
Lotus records explosive growth in luxury residential and commercial redevelopment, leveraging a net debt-free balance sheet.
Sri Lotus Developers submitted its Monitoring Agency Report for the quarter ended September 30, 2026, confirming the utilization status of IPO proceeds as per SEBI regulations.
Sri Lotus Developers reported strong Q2 FY27 performance, with pre-sales rising 83% to ₹470 crore and profit after tax growing 91% to ₹89 crore.
Sri Lotus Developers intimated BSE and NSE that its Board will meet on 15 Oct 2026 to consider Q1/H1 FY27 results. No figures or decisions are reported in this advance notice.
Sri Lotus Developers and Realty Ltd submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
Sri Lotus Developers and Realty Limited appointed Mr. Paarth Deepak Chheda as Executive Director for five years. Mrs. Roopa Anand Pandit resigned as Non-Executive Director effective October 1, 2026.
Sri Lotus Developers and Realty Limited issued an intimation to shareholders regarding Tax Deduction at Source (TDS) applicable on the final dividend for 2025-26.
Sri Lotus Developers and Realty Limited held its 12th Annual General Meeting on September 29, 2026, to adopt financial statements, declare dividend, and appoint directors.
Sri Lotus Developers promoter Anand Pandit proposed to sell 97,74,474 shares in open market for MPS compliance. Promoter group stake would drop from 81.87% to 79.87%.
Sri Lotus Developers sent web-link letters to shareholders without registered emails for Annual Report 2025-26 access. This is a routine Reg 36(1)(b) compliance communication with no financial or operational substance.
Sri Lotus Developers and Realty filed its Annual Report for FY 2025-26 with BSE and NSE. The submission is made under Regulation 34 of the SEBI Listing Regulations.
Sri Lotus Developers has issued the notice for its 12th AGM on 29 Sep 2026. Agendae includes final dividend of ₹0.50/share and new Executive Director appointment.
Sri Lotus Developers' subsidiary has been appointed developer for a new residential re-development project in Andheri, Mumbai, strengthening its position in the luxury real estate segment.
Sri Lotus Developers and Realty Limited recommended a 30% interim dividend of Rs. 0.30 per share. The board also fixed the 12th AGM date for September 29, 2026.
Sri Lotus Developers and Realty Limited has scheduled a board meeting for September 01, 2026, to fix the AGM date and consider declaring a first interim dividend.
Sri Lotus Developers corrected its August 14, 2026 intimation, clarifying that it filed an "Appeal," not a "writ petition," challenging a State Tax order.
Sri Lotus Developers has been appointed as the developer for a residential redevelopment project at Shivaji Park, Dadar, with an estimated GDV of ₹550 Crore.
Sri Lotus Developers filed a writ petition challenging a GST demand of approximately ₹10 Crore, following a previous tax order. The company contests this liability.
Sri Lotus Developers and Realty's subsidiary has been appointed as the developer for a residential redevelopment project at Shivaji Park Beach Front. This project strengthens the company's luxury presence.
Sri Lotus Developers reports stellar Q1 FY27 results with 116% revenue growth. Focus remains on Mumbai luxury redevelopment, maintaining a debt-free, net cash balance sheet.
Sri Lotus Developers and Realty Limited submitted its Monitoring Agency Report for Q1 FY27. The report, prepared by CARE Ratings, confirms IPO proceeds utilization of Rs. 792 Crore.
Sri Lotus Developers reports a strong Q1 FY27, capitalizing on Mumbai's constrained luxury real estate supply through high-margin redevelopment projects.
Sri Lotus Developers was appointed as the developer for a commercial redevelopment project in Juhu. The project has an estimated Gross Development Value of ₹1,600 Crore.
A subsidiary of Sri Lotus Developers has been appointed as developer for a commercial re-development project in Juhu. This expansion aims to enhance long-term stakeholder value.
Sri Lotus Developers reported strong Q1 FY27 results with 116% YoY revenue growth and 567% pre-sales growth, driven by luxury redevelopment projects in Mumbai's Western suburbs.
Sri Lotus Developers reported Q1 FY27 results with revenue of ₹132 Crore and PAT of ₹46 Crore. Pre-sales grew 567% YoY to ₹409 Crore.