Board Meeting1 Sept 2026, 11:02 am
Sri Lotus Developers Board Approves AGM, Interim Dividend
AI Summary
Sri Lotus Developers and Realty Ltd announced the outcome of its Board Meeting held on September 01, 2026. The board has approved the fixation of the date for the 12th Annual General Meeting (AGM) to be held on September 29, 2026. Additionally, the board recommended the appointment of Mr. Paarth Deepak Chheda as an Executive Director for a period of five years, effective October 01, 2026, subject to shareholder approval. The company also recommended a 1st Interim Dividend of 30% (Rs. 0.30 per share) for FY 2026-27, with September 11, 2025, set as the record date. A record date of September 25, 2026, was also fixed for determining shareholders eligible for the Final Dividend for FY 2025-26.
Key Highlights
- 12th AGM scheduled for September 29, 2026, via VC/OAVM.
- Recommendation for Mr. Paarth Deepak Chheda's appointment as Executive Director.
- Recommended 1st Interim Dividend of 30% (Rs. 0.30/share) for FY 2026-27.
- Record date for interim dividend set as September 11, 2025.
- Record date for final dividend (FY 2025-26) set as September 25, 2026.
Price Impact
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