08-Sept-2026 15:31:18
LOTUSDEVGeneral news
SRI LOTUS DEVELOPERS & REALTY : PROMOTER SELLS SHARES TO MEET PUBLIC SHAREHOLDING NORMS
• Promoter Mr. Anand Kamalnayan Pandit intends to sell equity shares via open market route. • Sale is to comply with minimum public shareholding requirements. • Up to 2.00% of total equity shares (97,74,474 shares) proposed to be divested. • Divestment period: 7 trading days from September 09, 2026. • Promoter shareholding to reduce from 81.87% to 79.87% post-sale. Impact: Neutral (Routine compliance sale to meet regulatory requirements)
Sri Lotus Developers and Realty Limited
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