BSECompany Update3d ago · 17 Aug 2026, 05:38 pm

Enclosed herewith the Revised Intimation - Correction in Intimation dated August, 14, 2026, under Reg 30 Read With Schedule III Of SEBI (LODR ) Regulations, 2015

Sri Lotus Developers and Realty Ltd · 544469

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Sri Lotus Developers and Realty Ltd filed a revised intimation under Reg 30 of SEBI (LODR) Regulations, 2015, correcting an earlier intimation dated August 14, 2026, regarding a writ petition filed by the company challenging an order from the Office of the Assistant Commissioner of State Tax, Investigation – B, Mumbai, Maharashtra.

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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Sri Lotus Developers and Realty Ltd - 544469 - Revised Intimation Under Reg 30 Read With Schedule III Of SEBI (LODR ) Regulations, 2015

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Date: August 17, 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: Revised Intimation – Correction in Intimation dated August 14, 2026 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Intimation dated August 14, 2026 regarding filing of proceedings against the Order received from the Office of the Assistant Commissioner of State Tax, Investigation – B, Mumbai Dear Sir/ Madam, With reference to our intimation dated August 14, 2026 filed with the Stock Exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that there was an inadvertent error in the said intimation wherein the term “writ petition” was mentioned. In this regard, we hereby clarify that the Company has filed an Appeal before the Deputy Commissioner of State Tax (Appeals - IV), Mumbai, Maharashtra, challenging the Order received from the Office of the Assistant Commissioner of State Tax, Investigation – B, Mumbai, Maharashtra. Accordingly, wherever the term “writ petition” appears in the intimation dated August 14, 2026, the same shall be read as “Appeal”. All other contents of the intimation dated August 14, 2026 remain unchanged. This revised intimation is being filed to rectify the aforesaid inadvertent error and for the information of the Stock Exchanges and all concerned. 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 Date: August 14, 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: Update on Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: Intimation filed dated June 18, 2026 pursuant to receipt of order from Office of the Assistant Commissioner of State Tax, Investigation - B, Mumbai Dear Sir/ Madam, With reference to abovementioned subject and in continuation of our intimation dated April, 28, 2026, and June 18, 2026 wherein the Company had informed the stock exchanges regarding receipt of an Order from the Office of the Assistant Commissioner of State Tax, Investigation – B, Mumbai, Maharashtra, we would like to inform that the Company has filed a writ petition before the Deputy Commissioner of State Tax, (Appeals - IV), Mumbai, Maharashtra, challenging the said Order. The brief details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with SEBI Master Circular dated January 30, 2026 are enclosed herewith as an Annexure 1. The Company shall continue to take appropriate legal recourse in the matter and shall remain committed to ensure compliance with applicable laws and regulations. Further material developments, if any, will be intimated to the Stock Exchange(s) in due course. 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 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-1 Sr. No. Particulars Details 1. The details of any change in the status The Company has filed a Writ Petition and / or any development in relation to on August 14, 2026, with Deputy such proceedings Commissioner of State Tax, (Appeals - IV), Mumbai, Maharashtra in response to receipt of Order dated June 18, 2026, from the Office of the Assistant Commissioner of State Tax, Investigation – B, Mumbai, Maharashtra 2. In the case of litigation against key Not Applicable management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings 3. In the event of settlement of the Not Applicable proceedings, details of such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity 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