Scrip Symbol
LOTUSDEV
1. Annual General Meeting Arrangements
The 12th Annual General Meeting (AGM) for the financial year 2025-2026 is scheduled to be held on Tuesday, September 29, 2026, at 11:30 AM through Video Conferencing/Other Audio-Visual Means. The notice convening the AGM and the annual report will be dispatched to shareholders in due course. The company has appointed CS Sandhya R. Malhotra, Partner of M/s. Manish Ghia & Associates, Company Secretaries, as the scrutinizer to scrutinize the voting process.
2. Executive Director Appointment
The board, pursuant to a notice received from a shareholder under Section 160 of the Companies Act, 2013, and after consideration by the Nomination and Remuneration Committee, recommended the appointment of Mr. Paarth Deepak Chheda (DIN: 06430713) as an Executive Director for a period of 5 consecutive years effective from October 01, 2026. This appointment is subject to shareholder approval at the 12th AGM on September 29, 2026.
3. Interim Dividend Declaration
The board recommended the first interim dividend for the financial year 2026-27 at the rate of 30%, i.e., ₹0.30 per share of ₹1 each. The record date for determining eligibility for this dividend is fixed as Friday, September 11, 2026.
4. Final Dividend Record Date
In continuation of a previous intimation dated May 12, 2026, the board fixed Friday, September 25, 2026, as the record date for determining eligible equity shareholders for the payment of the final dividend for the financial year 2025-26. This dividend payment is contingent upon approval by shareholders at the AGM and will be subject to applicable tax deductions.