Sri Lotus Developers and Realty (LOTUSDEV) — Announcement

📢 Key Event
Company corrects filing terminology from 'writ petition' to 'appeal' in tax dispute notice

💡 Investor Takeaway
The correction fixes a legal terminology error but does not alter the substance or outcome of the tax dispute.

Sri Lotus Developers clarified that an August 14, 2026 intimation incorrectly referred to a 'writ petition' when it was actually an appeal filed against a tax order, correcting the record for investors and exchanges.

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About Sri Lotus Developers and Realty Limited (LOTUSDEV)

Realty · Realty · Listed on NSE

Market Cap: ₹8,713.94 Cr P/E: 33.6 ROE: 28.2% ROCE: 33.6% Div Yield: 0.28%

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🔥 Also filed on 17 August 2026

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

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