Sri Lotus Developers and Realty Limited (LOTUSDEV) — Corporate Action | 4 July 2026

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📢 Key Event
Completion of acquisition of equity shares in three subsidiaries via rights issue.

💡 Investor Takeaway
The company expanded its stake in key subsidiaries, strengthening its development portfolio with no immediate dilution impact.

Sri Lotus Developers announced completion of acquiring equity shares in three wholly owned subsidiaries through rights issues, investing [amount not verified] at ₹10 per share for 1.25 million shares across Veera Desai Projects, Dhiti Projects, and Prasati Projects, finalizing the acquisition on July 4, 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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