Lotus Developers Promoter Sells 2% Stake for MPS Compliance

Scrip Symbol

LOTUSDEV

Regulatory intimation regarding sale of equity shares by promoter Mr. Anand Kamalnayan Pandit to comply with minimum public shareholding requirements.

Transaction Details

• Seller: Mr. Anand Kamalnayan Pandit (one of the promoters of the Company)
• Shares Sold: 97,70,000 Equity Shares of face value ₹1 each
• Percentage of Capital: 2.00% of total issued and paid-up equity share capital
• Transaction Date: September 10, 2026
• Method: Open market sale
• Purpose: Compliance with SEBI minimum public shareholding requirements

Shareholding Impact

• Pre-transaction promoter holding: 81.87% of paid-up equity share capital
• Post-transaction promoter holding: 79.87% of issued and paid-up equity share capital
• Reduction: 2.00 percentage points

Filing and Signatory

Disclosure filed with both BSE Limited and National Stock Exchange of India Limited. Document signed digitally by Ankit Kumar Tater, Company Secretary and Compliance Officer (Membership No.: A57623) on September 10, 2026 at 11:04:12 IST.