Change in Management

Date: October 01, 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 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 [SEBI (LODR) Regulations. 2015)- Appointment and Resignation of Directors Dear Sir/ Madam, Pursuant to Regulation 30 read with Part A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), if any, we wish to inform the following: 1. In continuation to the Outcome of Board Meeting dated September 01, 2026, appointment of Mr. Paarth Deepak Chheda (DIN: 06430713) has been approved by the shareholders at the 12th Annual General Meeting (‘AGM’) of the Company, held on Tuesday, September 29, 2026, through video conferencing / other audio- visual means as Executive Director of the Company, liable to retire by rotation, for a period of 5 years commencing from October 01, 2026 till September 30, 2031: 2. Mrs. Roopa Anand Pandit (DIN: 01565535) has resigned from the post of Non-Executive Non-Independent Director of the Company with effect from October 01, 2026, due to pre occupation and personal commitments. Consequently, she shall also cease to be a member of the Nomination and remuneration Committee. Further, the details as required in terms of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure I and copy of the letter of resignation received from Mrs. Roopa Anand Pandit is enclosed herewith. We request you to kindly take the same on record. Thanking you. Yours faithfully, For Sri Lotus Developers and Realty Limited (Formerly known as AKP Holdings Limited) Ankit Kumar Tater Company Secretary and Compliance Officer Membership No.: A57623 Encl. A/a 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 Disclosure of information pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S.No. Particulars Details 1. N ame Mr. Paarth Deepak Chheda Mrs. Roopa Anand Pandit 2. C ategory Executive Director Non-Executive Non-Independent Director 3. R eason for change viz. Appointed as an Executive Resignation of Mrs. Roopa Anand appointment, reappointment, Director Pandit, (DIN: 01565535) Non- resignation, removal, death or Executive Non-Independent otherwise. Director of the Company with effect from October 01, 2026 due to pre occupation and personal commitments. 4. D ate of appointment/ re- Appointed for a term for a Cessation with effect from October appointment/cessation & term of period of 5 years commencing 01, 2026. appointment/re-appointment. from October 01, 2026 till September 30, 2031 5. B rief Profile (in case of Paarth Chheda, graduated as Not Applicable. appointment) an architect from the Illinois Institute of Technology, Chicago. Since joining Lotus Developers, for almost a decade now, he has been a driving force in bringing new technology, value addition and contemporary design to Lotus’ already impressive portfolio. 6. D isclosure of relationships Son-in-law of Mr. Anand Pandit Mrs. Roopa Anand Pandit is the between Directors (in case of re- MD and Chairman of the wife of Anand Kamalnayan Pandit appointment of a director). Company and Mrs. Roopa Executive Director-Chairperson Pandit, and spouse of Ms. related to Promoter-MD Ashka Pandit, Executive Director of the Company 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 Date: October 01, 2026 The Board of Directors, Sri Lotus Developers and Realty Limited 5th & 6th Floor, Lotus Tower, 1 Jai Hind Society, N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai, MH – 400049 Subject: Resignation from the position of Non-Executive Non-Independent Director I hereby tender my resignation from the position of Non – Executive Non – Independent Director of Sri Lotus Developers and Realty Limited with effect from October 01, 2026. Due to my pre-occupation and other personal commitments, I am unable to continue to effectively contribute to the affairs of the Company. Accordingly, I request the Board to kindly take note of and accept my resignation. I confirm that there are no material reasons for my resignation other than as stated above. I take this opportunity to express my sincere appreciation to the Board of Directors and the management for the support and cooperation extended to me during my tenure with the Company. I request the Company to kindly complete all necessary formalities, including filing of requisite forms and intimating the concerned statutory authorities. Thanking you, Sincerely Roopa Anand Pandit Director DIN:01565535