Dividend

Date: September 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: Outcome of the Meeting of the Board of Directors of the Company. 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 you that the Board of Directors of the Company, at its meeting held today, i.e., Tuesday, September 01, 2026, has inter-alia, considered and approved the following: 1. Fixation of Date of AGM and Approval of Notice of the 12th Annual General Meeting ("AGM") for the Financial Year 2025-2026: The 12th (Twelfth) AGM of the Company is scheduled to be held on Tuesday, September 29, 2026 at 11:30 A.M. through Video Conferencing (''VC") /Other Audio-Visual Means ("OAVM"). The Notice convening the AGM and the Annual Report for the Financial Year 2025-26 will be dispatched to shareholders in due course, in compliance with the relevant statutory requirements. The Company has appointed CS Sandhya R. Malhotra, Partner of M/ s. Manish Ghia & Associates, Company Secretaries, as the Scrutinizer to scrutinize the voting process at the Annual General Meeting. 2. Recommendation to the shareholders for appointment of Mr. Paarth Deepak Chheda (DIN: 06430713) as an Executive Director of the Company for a period of 5 (five) consecutive years at the ensuing 12th Annual General Meeting of the Company to be held on 29th September, 2026. Pursuant to Notice received from a shareholder under Section 160 of the Companies Act, 2013, the Board of Directors and Nomination and Remuneration Committee, have considered the appointment of Mr. Paarth Deepak Chheda (DIN: 06430713) as an Executive Director of the Company for the period of 5 years with effect from October 01, 2026, and recommend his 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 appointment for approval of the Shareholders of the Company at the ensuing 12th Annual General Meeting of the Company to be held on 29th September, 2026. 3. Recommendation of 1st Interim Dividend for the Financial Year 2026-27. The Board of Directors have recommended an Interim Dividend at the rate of 30% i.e. Rs. 0.30/- per share of Re. 1/- each and that the same shall be paid to the Equity Shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, September 11, 2025, which is fixed as the Record Date for this purpose. 4. Fixation of Record Date of Final Dividend for Financial Year 2025-26. In continuation of our previous intimation dated May 12, 2026, it is hereby informed that Friday, September 25, 2026, is being fixed as a record date for determining the eligible equity shareholders for the purpose of payment of the Final Dividend for the Financial Year 2025-26. The dividend, if approved by the shareholders at the Annual General Meeting ("AGM"), will be paid, subject to deduction of applicable tax at source. The meeting of the Board of Directors commenced at 10.00 A.M. (IST) and concluded at 10.55 A.M. (IST). 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