LOTUSDEV
Sri Lotus Developers and Realty Limited
NSEFiling History
Recent corporate announcements and filings for LOTUSDEV
Business Update
Neutral
2026-10-12 19:57
Concall Schedule
Concall Date: October 16, 2026
Concall Time: 11:30 AM IST
Governance
Neutral
2026-10-01 15:34
- Sri Lotus Developers and Realty Limited announced changes in management effective October 01, 2026.
- Mr. Paarth Deepak Chheda was appointed as Executive Director for a 5-year term approved at the AGM held on September 29, 2026.
- Mrs. Roopa Anand Pandit resigned as Non-Executive Non-Independent Director due to personal commitments and pre-occupation.
Financials
Positive
2026-09-29 18:23
Sri Lotus Developers and Realty Limited issued a communication to shareholders regarding Tax Deduction at Source (TDS) on the final dividend of ₹0.50 per equity share (50%) for the financial year 2025-26.
- Resident shareholders with a valid PAN linked to Aadhaar will have 10% TDS deducted, while those without a valid/linked PAN will face a 20% TDS deduction.
- Non-resident shareholders can claim Double Tax Avoidance Agreement (DTAA) benefits by submitting required documents by October 4, 2026.
- Shareholders must update their KYC, bank details, and tax status with depositories or the RTA (KFin Technologies Limited) by October 4, 2026, to avoid higher TDS deductions or withheld payments.
Routine
Neutral
2026-09-23 13:21
- Intimation for closure of trading window from October 01, 2026. The window will remain closed for the quarter and half year ended September 30, 2026, until 48 hours after financial results are declared.
Business Update
Neutral
2026-09-15 12:21
- Concall Schedule
- Concall Date: 28th September 2026
- Concall Time: 11:00-12:00 PM
- Meeting Type: Group Meeting with Arihant Conference (Virtual)
Business Update
Neutral
2026-09-15 12:16
- Concall Schedule
- Concall Date: September 22, 2026
- Concall Time: 10:00 AM Onwards
Ownership
Neutral
2026-09-10 11:13
- Promoter Mr. Anand Kamalnayan Pandit sold 97,70,000 equity shares on September 10, 2026, via open market sale.
- This transaction reduced the promoter/promoter group shareholding from 81.87% to 79.87% to comply with minimum public shareholding requirements.
Financials
Positive
2026-09-09 17:52
- Board declared 30% (₹0.30 per share) interim dividend on September 01, 2026.
- Intimation regarding Tax Deduction at Source (TDS) on the dividend as per Income-tax Act, 2025.
- Shareholders must submit required documents by September 11, 2026, to avail TDS exemptions/lower rates.
Ownership
Neutral
2026-09-08 15:32
- Promoter Mr. Anand Kamalnayan Pandit to sell up to 2.00% (97,74,474 Equity Shares) of the company's shares.
- The sale is conducted via the open market route to comply with minimum public shareholding requirements.
- The divestment period is 7 trading days, starting September 09, 2026.
- Promoter group's shareholding will reduce from 81.87% to 79.87%.
Business Update
Positive
2026-09-08 12:56
- Subsidiary of Sri Lotus Developers and Realty Limited appointed as developer for a prestigious residential re-development project in Model Town, Versova, Mumbai.
- This development is expected to strengthen the company's presence in the luxury real estate segment and enhance long-term stakeholder value.
Business Update
Positive
2026-09-01 19:49
- Subsidiary of Sri Lotus Developers and Realty Limited has been appointed as the developer for a prestigious residential re-development project in Lokhandwala, Andheri (W), Mumbai.
- The project involves developing premium residential spaces with world-class design and amenities.
- This development is expected to strengthen the Company's presence in the luxury real estate segment and enhance long-term stakeholder value.
- Additional information about the project will be disclosed in due course.
Governance
Positive
2026-09-01 11:23
- 12th AGM scheduled for Sep 29, 2026.
- Paarth Deepak Chheda recommended as Executive Director for 5 years.
- 1st Interim Dividend of 30% (₹0.30/share) for FY26-27 recommended (Record Date Sep 11, 2026).
- Record Date for FY25-26 Final Dividend fixed as Sep 25, 2026.
Governance
Positive
2026-09-01 11:20
- Board approved 1st Interim Dividend of ₹0.30/share for FY27 (record date Sep 11, 2026).
- Set Sep 25, 2026, as record date for FY26 Final Dividend.
- 12th AGM on Sep 29, 2026, to consider Executive Director appointment.
Financials
Positive
2026-09-01 11:16
- Board recommended 30% (₹0.30/share) 1st Interim Dividend for FY26-27 (record date Sep 11, 2026).
- FY25-26 Final Dividend record date fixed as Sep 25, 2026.
- 12th AGM on Sep 29, 2026, will consider Mr. Paarth Deepak Chheda's appointment as Executive Director for 5 years.
Financials
Positive
2026-09-01 11:05
- Board meeting held on Sept 01, 2026, fixed 12th AGM on Sept 29, 2026.
- Recommended 1st Interim Dividend of 30% (₹0.30/share) for FY26-27, Record Date: Sept 11, 2025.
- Fixed Sept 25, 2026, as Record Date for Final Dividend for FY25-26.
- Recommended Mr. Paarth Deepak Chheda as Executive Director.
Business Update
Negative
2026-08-17 17:44
CRITICAL RED FLAG DETECTED
- The company issued a revised intimation on August 17, 2026, clarifying that the term "writ petition" in its August 14, 2026, filing should be read as "Appeal".
- The company has filed an Appeal before the Deputy Commissioner of State Tax (Appeals - IV), Mumbai, challenging an order received from the Office of the Assistant Commissioner of State Tax, Investigation – B, Mumbai.
Business Update
Negative
2026-08-14 22:22
CRITICAL RED FLAG DETECTED
- Lotus Developers received an Order (DRC-07) on June 18, 2026, for approx. ₹10.00 Cr GST liability (Tax, Interest, Penalty) for FY20-24.
- Company paid tax component under protest.
- On August 14, 2026, company filed a Writ Petition challenging the order, asserting no material financial impact.
Business Update
Positive
2026-08-14 22:22
- Sri Lotus Developers & Realty Limited has been appointed as the developer for residential redevelopment at Shivaji Park Beach Front, Dadar.
- The project has an estimated Gross Development Value (GDV) of INR 550 Crs.
- Project commencement is expected by the end of FY28 or Q1 FY29, with completion targeted within approximately 3 to 3.5 years from commencement.
Routine
Neutral
2026-08-14 14:15
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