Promoter to sell up to 2% stake to meet minimum public shareholding norms

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

LOTUSDEV · price

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▲ 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

-1.5%Reaction day

₹199.90

prior close

₹199.30

announcement price

In-mkt

timing

Nifty Microcap 250market+0.5%-2.0% vs market

Residential Commercial Projects peers, median of 66sector-0.7%-0.7% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 0.7 pts less 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5+0.5-2.0-0.7-0.7

Next day

-0.5+0.4-0.8-1.7+1.3

+4.0+0.2+3.8-2.1+6.1

+4.8+0.3+4.5-2.9+7.7

+5.6-3.0+8.5-6.3+11.9

+7.1-3.1+10.2-6.0+13.0

+7.6-0.7+8.3-4.1+11.7

15d

+11.8-1.2+13.0-4.2+16.0

+15.9-4.2+20.0-7.1+23.0

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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

Promoter Mr. Anand Kamalnayan Pandit plans to sell up to 2% (97,74,474 shares) of Sri Lotus Developers and Realty in the open market to comply with minimum public shareholding requirements. Promoter group holding will drop from 81.87% to 79.87%. Sale to begin September 9, 2026, over 7 trading days, in single or multiple tranches.

Likely market impact

Promoter offloading 2% may cause short-term selling pressure but improves public float and liquidity.