03-Nov-2026 18:13:20
LOTUSDEVGeneral news
SRI LOTUS DEVELOPERS : PROMOTER OFS FOR 5.42% STAKE VIA OVERSUBSCRIPTION OPTION
• Promoter Anand Kamalnayan Pandit proposed to sell up to 2,37,95,818 equity shares (4.87% of paid-up capital) as base offer size • Seller exercised oversubscription option for 27,04,182 shares (0.55%), taking total offer size to up to 2,65,00,000 shares (5.42%) • Offer runs November 03, 2026 for non-retail investors; November 04, 2026 for retail and carried-forward non-retail bids • 26,50,000 shares, or 10% of the offer, reserved for retail category on the T+1 day • Sale executed through separate designated windows of BSE and NSE under SEBI OFS circulars
Sri Lotus Developers and Realty Ltd
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