Sri Lotus Developers and Realty Limited has informed the Exchange about Copy of Newspaper Publication regarding Notice of Postal Ballot and e-voting
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Sri Lotus Developers and Realty Limited has published a newspaper advertisement (in Financial Express and Pratahkaal) regarding a Postal Ballot notice for member approval through electronic voting. The Postal Ballot notice, originally dated February 9, 2026, was dispatched electronically to members on February 25, 2026. The special resolution seeks approval to grant stock options under the 'Sri Lotus Developers Employee Stock Option Scheme 2024 (ESOP 2024)' to eligible employees of the company's subsidiary and/or associate companies. The e-voting window opens on February 26, 2026 at 9:00 AM IST and closes on March 27, 2026 at 5:00 PM IST, with a cut-off date of February 20, 2026 for member eligibility. CS Manish L. Ghayal has been appointed as the scrutinizer for the process.
This is a procedural compliance filing. The actual substance is an ESOP scheme covering employees of subsidiary/associate companies, which if approved could lead to equity dilution over time. Shareholders as of February 20, 2026 should review the resolution and exercise their e-voting rights before March 27, 2026.