Sri Lotus Developers and Realty Limited Incorporates Wholly Owned Subsidiary
Sri Lotus Developers and Realty Limited announced the incorporation of a wholly owned subsidiary, Sri Lotus Imperial Projects Private Limited, on March 14, 2026. The new subsidiary has a Corporate Identification Number of U68200MH2026PTC469396.Sri Lotus Imperial Projects Private Limited has an authorized capital of Rs. 10,00,000 and a paid-up capital of Rs. 10,00,000. The company is yet to commence business operations.
The initial subscription amount for the wholly owned subsidiary does not fall under the purview of Related Party Transactions. The subsidiary will expand the company’s business in the real estate sector.
The cost of acquisition totaled Rs. 10,00,000, comprising 1,00,000 equity shares with a face value of Rs. 10 each. The company now holds 100% of Sri Lotus Imperial Projects Private Limited.
The event occurred on March 17, 2026, at 02:46 PM.
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