Promoter Sells 2.00% Equity in Sri Lotus Developers and Realty Limited Shares in Open Market
Sri Lotus Developers and Realty Limited announced that one of its promoters, Mr. Anand Kamalnayan Pandit, sold a portion of the company's equity shares through an open market transaction. The sale was conducted on September 10, 2026, in compliance with minimum public shareholding requirements.The transaction involved the sale of 97,70,000 Equity Shares of the company. This sale represented 2.00% of the total issued and paid-up equity share capital of Sri Lotus Developers and Realty Limited.
The shareholding structure within the company was impacted by the open market sale. The promoters and members of the promoter group experienced a reduction in their stake.
Key changes in promoter shareholding are detailed below:
| Metric | Previous Holding | Current Holding |
|---|---|---|
| Promoter Shareholding | 81.87% | 79.87% |
LOTUSDEV Stock Price Movement
Sri Lotus Developers and Realty Limited stock rockets to ₹207.88 as of 11:52 AM, having gained 5.00% in active trading. This climb sees the equity hit its 52-week high, with the stock trading on a volume of 11.26 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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