Sri Lotus Developers and Realty Limited (LOTUSDEV) — Corporate Action | 3 July 2026

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📢 Key Event
Board approves cash rights issue to acquire three real estate subsidiaries

🔮 What's Next
Completion required by July 11, 2026

💡 Investor Takeaway
The rights issue will increase shareholder dilution while expanding the company's real estate portfolio.

Sri Lotus Developers announced a July 3, 2026 board approval to invest in three wholly owned real estate subsidiaries via a cash rights issue, targeting full ownership of Veera Desai, Dhiti and Prasati Projects. The move expands its real estate footprint and funds subsidiary working capital needs, with completion required by July 11, 2026.

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About Sri Lotus Developers and Realty Limited (LOTUSDEV)

Realty · Realty · Listed on NSE

Market Cap: ₹6,788.37 Cr P/E: 27.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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