Sri Lotus Developers and Realty Fund Raise of ₹792 Cr
Sri Lotus Developers released its quarterly monitoring report for ₹792 Crore IPO proceeds. No deviations were recorded in fund utilization across various residential and commercial projects.
Sri Lotus Developers reported FY26 revenue of ₹769 Crore with 137% pre-sales growth. The company maintains a net debt-free balance sheet with industry-leading realisations.
Sri Lotus Developers recommended a 50% final dividend of Re. 0.50 per share for FY 2025-26. Notably, promoters representing 81.87% of equity voluntarily waived their dividend rights.
Sri Lotus Developers reported its audited financial results for the year ended March 31, 2026. The Board also recommended a 50% final dividend for shareholders.
Sri Lotus Developers and Realty Board Meeting Date
Sri Lotus Developers and Realty Limited has scheduled a Board Meeting on May 12, 2026. The board will consider audited standalone and consolidated financial results for FY 2025-26 and recommend a final dividend. The trading window remains closed until 48 hours after the results declaration.
Sri Lotus Developers and Realty Legal & Regulatory
Sri Lotus Developers and Realty Limited received a GST Show Cause Notice involving an alleged liability of approximately ₹10.00 Crore including tax, interest, and penalty for FY 2020-21 to 2023-24. The company has paid the tax component under protest and intends to contest the allegations before the appropriate authority.
Sri Lotus Developers and Realty Capacity Expansion
Sri Lotus Developers launched its 'Luxury Coastline Collection' campaign, marking a strategic expansion into Mumbai's premium coastal markets. The initiative features 11 projects across locations like Juhu and Bandstand, slated for completion within four years. This move significantly broadens the company's footprint beyond its traditional strongholds.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.1 Cr
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Grand Abodes Private Limited. The transaction represents the initial subscription to the subsidiary's share capital following its incorporation on March 18, 2026.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.1 Cr
Sri Lotus Developers and Realty Limited completed a ₹0.1 Crore investment in its new wholly-owned subsidiary, Sri Lotus Imperial Projects Private Limited. This initial subscription follows the subsidiary's incorporation on March 14, 2026, to expand business operations.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.1 Cr
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Legacy Realty Private Limited. The investment was made via initial subscription to share capital on April 04, 2026. This follows the subsidiary's incorporation in March 2026 as part of the company's real estate expansion strategy.
Sri Lotus Developers and Realty Other Announcement
Sri Lotus Developers and Realty Ltd submitted its quarterly compliance certificate under Regulation 74(5) for the period ended March 31, 2026. The registrar, KFin Technologies Limited, confirmed that no requests for dematerialization or rematerialisation were received during the quarter.
Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.5 Cr
Sri Lotus Developers and Realty Ltd has invested ₹0.50 Crore to establish five new wholly-owned subsidiaries focused on real estate development. Each entity was incorporated with a paid-up capital of ₹10 Lakhs. This strategic move aims to expand the company's operational footprint in the residential and commercial property sectors.