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Sri Lotus Developers and Realty promoters to sell 2.38 cr shares via OFS

In a significant move to adhere to Sebi's minimum public shareholding regulations, Sri Lotus Developers and Realty Ltd announced that promoter Anand Kamalnayan Pandit plans to sell 2.38 crore shares. This transaction is scheduled for November 3-4, with the shares priced at Rs 240 each, despite the company's current share price of Rs 245.90. Presently, promoters own 79.87 percent of the company.

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Economic TimesLean R·2h ago
Sri Lotus Developers and Realty promoters to sell 2.38 cr shares via OFS
In a significant move to adhere to Sebi's minimum public shareholding regulations, Sri Lotus Developers and Realty Ltd announced that promoter Anand Kamalnayan Pandit plans to sell 2.38 crore shares. This transaction is scheduled for November 3-4, with the shares priced at Rs 240 each, despite the company's current share price of Rs 245.90. Presently, promoters own 79.87 percent of the company.
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Sri Lotus Developers and Realty promoters to sell 2.38 cr shares via OFS

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