Sale6 Nov 2026, 11:20 am
Anand Pandit Sells 4.88% Stake in Sri Lotus Developers
AI Summary
Anand Kamalnayan Pandit, Promoter of Sri Lotus Developers and Realty Limited, has sold 2,38,58,955 equity shares, representing 4.88% of the total paid-up equity share capital. The sale was conducted via an Offer for Sale (OFS) through the stock exchange mechanism. Following the transaction, the promoter's holding has reduced from 70.03% to 65.14%. The total value of the sale is not explicitly stated in the provided text, but the quantity sold is 2,38,58,955 shares.
Key Highlights
- Promoter Anand Kamalnayan Pandit sold 4.88% stake.
- Sale conducted via Offer for Sale (OFS) on stock exchanges.
- Holding reduced from 70.03% to 65.14%.
- Transaction involved 2,38,58,955 equity shares.
Price Impact
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