Acquisition

Date: July 4, 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 Re: SRI LOTUS DEVELOPERS AND REALTY LIMITED - ISIN: INE0V9Q01010 Dear Sir/Madam, Sub.: Update on above intimation – Completion of acquisition of Equity shares of Wholly owned subsidiaries of the Company. With reference to the above and in continuation of our earlier disclosure dated July 3, 2026 informing you about further investment proposed to be made by the Company in the Wholly Owned Subsidiaries of the Company by subscribing to rights issue of shares, we wish to inform you that the Company has received allotment confirmations (Date of Allotment: July 4, 2026) from all the following Wholly Owned Subsidiaries in which the Company had made applications in the respective Rights Issues made by these companies: S. No. Name of the Wholly Owned Subsidiary No. of Equity Shares Issue Total Allotted Price (₹ Consideration per (Rs.) share) 1. Veera Desai Projects Private Limited 9,90,000 10/- 99,00,000/- 2. Dhiti Projects Private Limited 29,60,000 10/- 2,96,00,000/- 3. Prasati Projects Private Limited 9,60,000 10/- 96,00,000/- With the aforesaid allotment of shares made to the Company, the said transaction is completed. The details of the above acquisition, as required to be furnished 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 were already disclosed in our intimation letter dated July 3, 2026. This is for your information and records. 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 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