Promoter to sell up to 2% stake to meet public shareholding norm

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

+1.0%Reaction day

₹197.00

prior close

₹199.75

announcement price

After-mkt

timing

Nifty Microcap 250market-0.2%+1.2% vs market

Residential Commercial Projects peers, median of 65sector-0.8%+1.8% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.8 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

+0.2

10m

+0.2

15m

+0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.2+1.2-0.8+1.8

Next day

+5.5-0.3+5.9-1.2+6.7

+6.3-0.2+6.6-2.1+8.4

+7.1-3.5+10.6-5.1+12.2

+8.6-3.6+12.3-4.9+13.5

+8.6-2.8+11.4-3.9+12.5

+8.6-1.4+10.0-2.6+11.2

15d

+17.8-3.0+20.8-4.3+22.0

+22.0-4.4+26.4-6.9+28.8

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 65Pending

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 equity shares) of Sri Lotus Developers in the open market over 7 trading days starting Sept 9, 2026. The sale is aimed at complying with minimum public shareholding rules under SEBI norms. Promoter group holding will reduce from 81.87% to 79.87% of paid-up equity capital after the sale.

Likely market impact

Short-term supply pressure possible from open market selling by promoter. The sale is a regulatory requirement, not a negative confidence signal.