LOTUSDEVNSESRI LOTUS DEVLPRS N RTY L· RealtyHighNeutral
Announced Thu, 1 Oct, 2026 · 15:29 IST

Paarth Chheda joins board as Executive Director; Roopa Pandit steps down

Promoter Family Board EntryManagement Changes View source PDFExplain this filing

LOTUSDEV · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.9%Reaction day
₹232.00
prior close
₹234.00
announcement price
After-mkt
timing
Nifty Microcap 250market+0.0%+1.9% vs market
Residential Commercial Projects peers, median of 66sector-0.1%+2.0% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.0 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.3
10m
-1.3
15m
-1.9
30m
-2.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.9+0.0+1.9-0.1+2.0
Next day
+4.1+1.3+2.8-0.1+4.2
2d
+3.5+1.1+2.5-0.9+4.4
3d
-0.2-1.7+1.5-3.0+2.8
4d
+3.6-1.4+5.0-2.9+6.4
5d
+1.4-0.6+2.0-2.6+4.0
1w
+2.3+0.3+2.0-1.4+3.7
15d
+5.9-6.1+12.0-6.4+12.3
1m
—————
2m
—————
3m
—————
UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders have approved Paarth Deepak Chheda as Executive Director of Sri Lotus Developers for 5 years starting October 1, 2026. He is an architect who has been with the company for about a decade, and is the son-in-law of Promoter and MD Anand Pandit. Separately, Roopa Anand Pandit resigned as Non-Executive Non-Independent Director on the same date, citing pre-occupation and personal commitments, and confirmed no material reasons for her exit.

Likely market impact

Promoter family member joins the board which may raise governance questions; the departing director cited personal reasons with no material concerns flagged.