General Updates

Date: September 08, 2026 To, To, The Compliance Manager The Manager Listing Department Listing and Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai - 400001 Mumbai - 400051 Scrip Code: 544469 Scrip Symbol: LOTUSDEV ISIN: INE0V9Q01010 Subject: Intimation regarding proposed sale of equity shares of face value of ₹1 each (“Equity Shares”) of Sri Lotus Developers and Realty Limited (“Company”) by one of its promoters – Mr. Anand Kamalnayan Pandit, in the open market for complying with minimum public shareholding requirement In accordance with the requirement of Rule 19(2)(b) and 19(A) of Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, each as amended, read with paragraph 2(7)(i) under Chapter VI under Section VI-A of the SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 issued on July 11, 2023 (last updated on January 30, 2026) (“SEBI Circular”) in connection with manner of achieving minimum public shareholding, we wish to inform you regarding the intention of Mr. Anand Kamalnayan Pandit, one of the promoters of the Company, to sell certain Equity Shares held by it through the stock exchange(s) by way of the open market route. The details required to be disclosed as per the SEBI Circular are as follows: S. Particulars Details 1 Intention of the promoter(s) / Mr. Anand Kamalnayan Pandit, one of the promoters promoter group to sell and the of the Company, has conveyed to us his intention to purpose of sale sell certain Equity Shares held by him to comply with the requirements of minimum public shareholding. 2 Details of promoter(s) / promoter Mr. Anand Kamalnayan Pandit, one of the promoters group who propose to divest their of the Company, proposes to divest a part of its shareholding shareholding in the Company. 3 Total number of shares and Up to 2.00% of the total issued and paid-up equity percentage of shareholding in the share capital of the Company aggregating to listed entity that is proposed to be 97,74,474 Equity Shares. divested Sri Lotus Developers and Realty Limited (Formerly known as “AKP Holdings Limited”) CIN: L68200MH2015PLC262020 Regd. Office: 5th & 6th Floor, Lotus Tower, 1 Jai Hind Soc., N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai 400049, MH, India Corporate Office: 5th & 6th Floor, Lotus Tower, 1 Jai Hind Soc., N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai 400049, MH, India Tel: +91-7506283400 Email: contact@lotusdevelopers.com Website: www.lotusdevelopers.com S. Particulars Details 4 Period within which the entire Period of 7 (Seven) trading days beginning from divestment process will be September 09, 2026 or the actual date of completion completed of sale of all equity shares, in a single or multiple tranches, as mentioned in Sr. No. 3, whichever is earlier. The aggregate shareholding of the promoters and members of the promoter group in the Company as on September 08, 2026 is 81.87% of the total issued and paid-up equity share capital of the Company. Upon completion of the abovementioned sale, the aggregate shareholding of the promoters and promoter group in the Company would be reduced from 81.87% to 79.87% of the total issued and paid- up equity share capital of the Company. Undertakings received from the promoter of the Company pursuant to the provisions of the SEBI Circular is enclosed herewith as Annexure I. The Company will ensure compliance with applicable laws including that of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, each as amended, in connection with the proposed sale. We request you to kindly take the above on record and disseminate the same to all market participants. The above disclosure will also be hosted on the website of the Company and the same can be accessed at https://lotusdevelopers.com/investor-relations Thanking you. For Sri Lotus Developers and Realty Limited (Formerly known as AKP Holdings Limited) Ankit Kumar Tater Company Secretary and Compliance Officer Membership No.: A57623 Sri Lotus Developers and Realty Limited (Formerly known as “AKP Holdings Limited”) CIN: L68200MH2015PLC262020 Regd. Office: 5th & 6th Floor, Lotus Tower, 1 Jai Hind Soc., N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai 400049, MH, India Corporate Office: 5th & 6th Floor, Lotus Tower, 1 Jai Hind Soc., N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai 400049, MH, India Tel: +91-7506283400 Email: contact@lotusdevelopers.com Website: www.lotusdevelopers.com ANNEXURE I