Sri Lotus Developers and Realty Limited has submitted the Exchange a copy Srutinizer's report and consolidated voting results of Annual General Meeting held on September 26, 2025
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Sri Lotus Developers and Realty Limited held its 11th AGM on September 26, 2025, via video conferencing from 11:00 AM to 11:45 AM. All 9 resolutions (8 ordinary and 1 special) were passed with requisite majority. Voting participation was strong at 84.46%, with 41.27 crore votes polled out of 48.87 crore outstanding shares; promoters cast 99.99% of their 40.01 crore shares in favor. Key items approved include adoption of FY25 standalone and consolidated financial statements, re-appointment of Mr. Anand Kamalnayan Pandit as director (99.85% in favor), appointment of M/s T.P. Ostwal & Associates LLP as statutory auditors and M/s Vishal N Manseta as secretarial auditor (both 99.99% in favor), and ratification of the ESOP 2024 scheme as a special resolution (99.28% in favor). Two related-party resolutions to revise remuneration of Mr. Paarth Chheda (97.60%) and Mrs. Dimple Kamal Dalia (97.93%) also passed, though institutional investors showed notable dissent of around 67-78% on these items. The scrutinizer CS Mannish L. Ghia confirmed no invalid votes were cast.
This is a routine regulatory disclosure confirming successful AGM proceedings with broad shareholder support across all key agenda items. No immediate price impact expected, though the institutional dissent on related-party remuneration and ESOP ratification may be worth tracking as a governance signal for minority shareholders.