NSEOffer for sale6d ago · 3 Nov 2026, 04:58 pm
Offer for sale
Sri Lotus Developers and Realty Limited · LOTUSDEV
✦ AI SummaryFundraise
Anand Kamalnayan Pandit, a promoter of Sri Lotus Developers and Realty Limited, has informed the exchange about his intention to exercise the over-subscription option for 27,04,182 equity shares, increasing the total offer size to up to 2,65,00,000 equity shares, representing 5.42% of the total paid-up equity share capital of the company.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Anand Kamalnayan Pandit has informed the Exchange about his intention to exercise over-subscription option for 27,04,182 equity shares.
Attachments (1)
📄pdf
Download →
phonrao_03112026165433_LotusOFS_OversubscriptionIntimation.pdf
View document text
ANAND KAMALNAYAN PANDIT
Lotus Tower,l,laiHind Society, N' S. Road No.12-A,luhu Scheme, Mumbai, Maharashtra, India 400049
Dated: November 03, 2026
The Managing Director The Managing Director
BSE Limited The National Stock Exchange of India
Phiroze Jeejeebhoy Towers Limited
Dalal Street, Exchange Plaza, Plot no. Cll,G Block,
Mumbai-400 001 Bandra Kurla Complex, Bandra (East)
Mumbai, lndia 400 051
Dear Sir/ Madam,
Sub: Proposed offer for sale of equity shares of a face value of {1 each (the "Equity Shares") of
Sri Lotus Developers and Realty Limited (the "ComPanY"), by one of its Promoter,
through the stockexchange mechanism in accordance with the relevant circulars issued
by the securities and Exchange Board of India (the "sEBI") in this regard.
I, Anand Kamalnayan Pandit (the "Seller"), refer to the Notice dated November 02,2026 ("Notice")
sent by the Seller io the Stock Exchanges wherein, being the promoter of the Company, the Seller,
propoied to sell upto2,37,95,818 Equity Shares of the Company, (representing 4.87% of the total paid
up lquity share capital of the Company) ("Base Offer Size"), on Tuesday, November 03,2026,("7
Aay'j lfor non-Retail Investors only) and on Wednesday, Novemb er 04 2026 ("T+1 day") (for Retail
Investo.s, and for non-Retail Investors who choose to carry forward their un-allotted bids from T day)
with an option to additionally sell up to 50,00,000 Equity Shares (representin g 1.02% of the total issued
and paid up equity share capital of the Company) (the "Oversubscription Option"), through the
sepaiate Aeiignated window of BSE Limited ("BSE") and National Stock Exchange of India Limited
("iiSE" and iogether with BSE, the "Stock Exchanges") and such offer hereinafter referred as the
*Offer"), and in the event that the Oversubscription Option is exercised, the Equity Shares forming part
of the Base Offer Size and the Oversubscription Option will represent 5.89Yo of the total paid-up Equity
Share capital of the Company and will collectively be referred to as the "Offer Shares" while in the
event that such Oversubscription Option is not exercised, the Equity Shares forming part of the Base
Offer Size will continue be referred to as "Offer Shares")
In this connection, we wish to exercise the Oversubscription Option to the extent of 27,04,182 Equity
Shares (representing0.55% of the totat paid-up equity share capital of the Company) in addition to
2,37,g5,.81'8 Equity Shu.". ofthe Company, (representing4.STYo ofthe total paid-up equity share capital
of the Company) forming part of the Base Offer Size. Accordingly, the total Offer Size will be up to
2,65,00,000EquitySharei(representing5.42%ofthetotalpaidupequitysharecapitaloftheCompany)
of which Z6,SO,O[0 i.e. l|oh of the Offer, would be available for Retail Category on T+1 day, i.e.
November 04,2026, subject to receipt of valid bids, as part of the Offer.
All capitalised terms not defined in this intimation letter shall have the same meanings as ascribed to
them in the Notice.
ANAND KAMALNAYAN PANDIT
Lotus Tower,l.JaiHind Society, N. S. Road No.12-A, ]uhu Scheme, Mumbai, Maharashtra, India 400049
Thanking You,
Yours faithfully,
Name: Ananad Kamalnayan Pandit
Designation: Promoter