Share price at the NSE close on 23 Oct 2026. Previous close ₹237.36.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹11,021 Cr687th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 15 Oct 2026
- 37.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 Oct 2026
- 5.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.35%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 15 Oct 2026
- 15.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 15 Oct 2026
- 16.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 15 Oct 2026
- 0.06
- Volume, NSEVolume. Shares traded on the last trading day.
- 4,06,673
Sri Lotus Developers and Realty board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorAnand Kamalnayan PanditRelated to the promoter
- Company Secretary and Compliance OfficerANKIT KUMAR TATER
6 directors3 independent2 executive1 non-executive
- Anand Kamalnayan Pandit · Chairperson and managing directorExecutive · joined Feb 2015 · reappointed Dec 2024 · 1 listed board · 1 committee seat
- Ashka Anand PanditExecutive · joined May 2024 · reappointed Dec 2024 · 1 listed board · 2 committee seats
- Roopa Anand PanditNon-executive · joined Feb 2015 · reappointed Dec 2024 · 1 listed board
- Madhukant Girdharlal SanghviIndependent · joined Dec 2024 · reappointed Dec 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Ved Prakash BhardwajIndependent · joined Dec 2024 · reappointed Dec 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Priti Shashinbhai DesaiIndependent · joined Dec 2024 · reappointed Dec 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 1 Sep 20266 of 6 present3 independent · 28 days in between
- 3 Aug 20266 of 6 present3 independent · 82 days in between
- 12 May 20266 of 6 present3 independent
Audit Committee
Chair Madhukant Girdharlal Sanghvi
Priti Shashinbhai Desai, Ved Prakash Bhardwaj, Ashka Anand Pandit
- 1 Sep 20264 of 4 present3 independent · 28 days in between
- 3 Aug 20264 of 4 present3 independent · 82 days in between
- 12 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Priti Shashinbhai Desai
Madhukant Girdharlal Sanghvi, Roopa Anand Pandit
- 1 Sep 20263 of 3 present1 independent
Stakeholders Relationship Committee
Chair Madhukant Girdharlal Sanghvi
Ashka Anand Pandit, Anand Kamalnayan Pandit
No meeting listed in the filing.
Risk Management Committee
Chair Anand Kamalnayan Pandit
Ashka Anand Pandit, Madhukant Girdharlal Sanghvi, Sanjay Kumar Jain, Rakesh Kailash Gupta
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Anand Kamalnayan Pandit
Ashka Anand Pandit, Priti Shashinbhai Desai
- 1 Sep 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Sep 2026.
- T P Ostwal & Associates LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
- M/s. T. P. Ostwal & Associates LLPNamed in filings from Mar 2026 to Jun 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Sri Lotus Developers and Realty AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Sri Lotus Developers and Realty dividend history
Annual general meeting, 29 Sep 2026
78,548 shareholders on the register on 22 Sep 2026; present: 3 promoters and 41 others; votes counted by CS Sandhya R. Malhotra / Manish Ghia & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt- (a) The Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon; and (b) The Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 9.26% · promoters 8.20% · institutions 47.07% · other public 0.18%
- To declare Final Dividend @ 50% (Rs. 0.50 per equity share of face value of Re. 1/- each) for the Financial Year 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 9.38% · promoters 8.20% · institutions 49.06% · other public 0.18%
- To appoint a Director in place of Ms. Ashka Anand Pandit (DIN: 10594507) who retires by rotation and being eligible, offers herself for re-appointment.Ordinary97.08% for2.92% against
Against: promoters 0.00% · institutions 10.05% · other public 0.01%
Turnout: all 9.26% · promoters 8.20% · institutions 47.07% · other public 0.18%
- To ratify the Remuneration of Cost Auditors for the Financial Year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 9.26% · promoters 8.20% · institutions 47.07% · other public 0.18%
- To Approve the appointment of Mr. Paarth Deepak Chheda (DIN:06430713) as Executive director of the companyOrdinary95.04% for4.96% against
Against: promoters 0.00% · institutions 17.08% · other public 0.01%
Turnout: all 9.26% · promoters 8.20% · institutions 47.07% · other public 0.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Mar 2026, 1 resolution
1,02,038 shareholders on the register on 20 Feb 2026; votes counted by Mannish L. Ghia / M/s. Manish Ghia & Associates.The company's voting result (opens in a new tab)
Ratification of the extension of the benefits of the Sri Lotus Developers Employee Stock Option Scheme 2024 (“ESOP 2024/ Scheme”) to the eligible employees of the subsidiary(ies) and/ or associate company(ies), if any, of the CompanyMoreLess
Special98.23% for1.77% againstAgainst: promoters 0.00% · institutions 71.01% · other public 51.13%
Turnout: all 83.95% · promoters 99.98% · institutions 47.12% · other public 0.22%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2025, 9 resolutions
96,130 shareholders on the register on 19 Sep 2025; present: 4 promoters and 43 others; votes counted by Mannish L Ghia / M/s Manish Ghia & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended 31st March 2025 together with Report of the Board of Directors’ and Auditors’ thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To receive, consider and adopt the Consolidated Financial Statements of the Company for the financial year ended 31st March 2025 together with Report of Auditors’ thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To appoint a director in place of Mr. Anand Kamalnayan Pandit (DIN: 00015551), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.85% for0.15% against
Against: promoters 0.00% · institutions 4.97% · other public 0.57%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To appoint M/s T. P. Ostwal & Associates LLP, Chartered Accountants as Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To ratify the remuneration of Cost Auditors for the Financial Year 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To appoint M/s. Vishal N Manseta, Practicing Company Secretary, as the Secretarial AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To approve revision in the remuneration of Mr. Paarth Chheda, related party, holding office or place of profit in the CompanyOrdinaryPromoters have an interest in it97.60% for2.40% against
Against: promoters 0.00% · institutions 78.05% · other public 0.99%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To approve revision in the remuneration of Mrs. Dimple Kamal Dalia, related party, holding office or place of profit in the Company.OrdinaryPromoters have an interest in it97.93% for2.07% against
Against: promoters 0.00% · institutions 67.40% · other public 0.99%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
- To Ratify ‘Sri Lotus Developers Employee Stock Option Scheme 2024’ (ESOP 2024/ Scheme)Special99.28% for0.72% against
Against: promoters 0.00% · institutions 23.52% · other public 1.21%
Turnout: all 84.46% · promoters 99.99% · institutions 38.86% · other public 0.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 29 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt- (a) The Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon; and (b) The Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Report of the Auditors thereon.MoreLess
2 for0 against- To declare Final Dividend @ 50% (Rs. 0.50 per equity share of face value of Re. 1/- each) for the Financial Year 2025-262 for0 against
- To appoint a Director in place of Ms. Ashka Anand Pandit (DIN: 10594507) who retires by rotation and being eligible, offers herself for re-appointment.2 for0 against
- To ratify the Remuneration of Cost Auditors for the Financial Year 2026-27.2 for0 against
- To Approve the appointment of Mr. Paarth Deepak Chheda (DIN:06430713) as Executive director of the company2 for0 against
Mutual fund votes, meeting of 27 Mar 2026, 3 fund houses
Ratification of the extension of the benefits of the Sri Lotus Developers Employee Stock Option Scheme 2024 (“ESOP 2024/ Scheme”) to the eligible employees of the subsidiary(ies) and/ or associate company(ies), if any, of the CompanyMoreLess
Against HSBC Mutual Fund, Mahindra Manulife Mutual Fund
- HSBC Mutual FundA vote AGAINST these resolutions is warranted because:• The scheme permits stock options to be issued with an exercise price at a discount to the market price on the grant date.• The company has not specified objective performance parameters, performance targets and thresholds for vesting.• The proposal includes grant of stock options to employees of associate companies, without a compelling rationale.
- Mahindra Manulife Mutual FundGovernance Concern: Potential maximum benefit that may be granted to a single employee appears to be excessive; Scheme proposed to be extended to Associate Company (ies) without adequate justification & no provision for reimbursement of cost to be incurred by the Company.
1 for2 against
1 earlier meeting
Mutual fund votes, meeting of 26 Sep 2025, 4 fund houses
To receive, consider and adopt the Standalone Audited Financial Statements of the Company for the financial year ended 31st March 2025 together with Report of the Board of Directors’ and Auditors’ thereonMoreLess
4 for0 against- To receive, consider and adopt the Consolidated Financial Statements of the Company for the financial year ended 31st March 2025 together with Report of Auditors’ thereon.4 for0 against
- To appoint a director in place of Mr. Anand Kamalnayan Pandit (DIN: 00015551), who retires by rotation and being eligible, offers himself for re-appointment.
Against Edelweiss Mutual Fund
- Edelweiss Mutual FundCompliant with law. Governance concern: Proposed appointee is holding a combined position of CMD.
3 for1 against - To appoint M/s T. P. Ostwal & Associates LLP, Chartered Accountants as Statutory Auditors of the Company4 for0 against
- To ratify the remuneration of Cost Auditors for the Financial Year 2025-264 for0 against
- To appoint M/s. Vishal N Manseta, Practicing Company Secretary, as the Secretarial Auditor4 for0 against
- To approve revision in the remuneration of Mr. Paarth Chheda, related party, holding office or place of profit in the Company
Against Edelweiss Mutual Fund, HSBC Mutual Fund, Mahindra Manulife Mutual Fund
- Edelweiss Mutual Fund, Mahindra Manulife Mutual FundNon-Compliant with Companies Act, 2013: Prior approval of shareholders not sought. Governance and Transparency concern: Proposed remuneration in isolation appears excessive if compared with other senior employees and without any external independent benchmark or peer comparison study/ information. The Company has not disclosed adequate information and justification for the proposed revision in remuneration.
- HSBC Mutual FundA vote AGAINST these resolutions is warranted in view of the following concerns in the executive's remuneration:• The proposals are deemed a related-party-transaction, and the proposed mandate may limit shareholders' rights to review and vote on the said transaction on a periodic basis.• The proposed remunerations are in line with that paid to other KMPs of the company.
1 for3 against - To approve revision in the remuneration of Mrs. Dimple Kamal Dalia, related party, holding office or place of profit in the Company.
Against Edelweiss Mutual Fund, HSBC Mutual Fund, Mahindra Manulife Mutual Fund
- Edelweiss Mutual Fund, Mahindra Manulife Mutual FundNon-Compliant with Companies Act, 2013: Prior approval of shareholders not sought. Governance and Transparency concern: Proposed remuneration in isolation appears excessive if compared with other senior employees and without any external independent benchmark or peer comparison study/ information. The Company has not disclosed adequate information and justification for the proposed revision in remuneration.
- HSBC Mutual FundA vote AGAINST these resolutions is warranted in view of the following concerns in the executive's remuneration:• The proposals are deemed a related-party-transaction, and the proposed mandate may limit shareholders' rights to review and vote on the said transaction on a periodic basis.• The proposed remunerations are in line with that paid to other KMPs of the company.
1 for3 against - To Ratify ‘Sri Lotus Developers Employee Stock Option Scheme 2024’ (ESOP 2024/ Scheme)
Against Edelweiss Mutual Fund, HSBC Mutual Fund
- Edelweiss Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations: Inadequate disclosure of Exercise price. Governance concern: Excessive benefit may be extended to an individual employee.
- HSBC Mutual FundA vote AGAINST this resolution is warranted because: • The ESOP 2024 Scheme permits stock options to be issued with an exercise price at a discount to the current market price.• The company has not specified objective performance parameters, performance targets and thresholds for vesting.
2 for2 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake heldVeera Desai Projects Private LimitedSince 4 Jul 2026
0.00% bought in the quarter; holding 100.00%, from 100.00%
- Unlisted stake heldDhiti Projects Private LimitedSince 4 Jul 2026
0.00% bought in the quarter; holding 100.00%, from 100.00%
- Unlisted stake heldPrasati Projects Private LimitedSince 4 Jul 2026
0.00% bought in the quarter; holding 100.00%, from 100.00%
- Tax disputeOffice of the Assistant Commissioner of State Tax, Investigation - B, MumbaiSince 18 Jun 2026The Company is in the process of filing appeal against the order
At the filing before: The Company received an Order dated June 18, 2026, in form DRC-07, from Assistant Commissioner of GST, Mumbai, with a demand of tax and applicable interest and penalty aggregating to Rs. 10,00,40,315 for financial years 2020-21, 2021-22 and 2023-24 under section 74 of CGST and MGST Act. The Company believes that the said demand is not tenable and the Company is in the process of filing appeal against the said orderMoreLess
- Tax disputeOffice of the Assistant Commissioner of State Tax, Investigation - B, MumbaiSince 18 Jun 2026
The Company has filed an Appeal on August 14, 2026, with Deputy 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 The Company has filed a writ petition before the Deputy Commissioner of State Tax, (Appeals - IV), Mumbai, Maharashtra, challenging the said OrderMoreLess
At the filing before: The Company has filed a writ petition before the Deputy Commissioner of State Tax, (Appeals - IV), Mumbai, Maharashtra, challenging the said Order
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesAug 2025, checked by CARE Ratings Limited | 792.00 | Investment in our Subsidiary Richfeel Real Estate Private Limited | 140.00 | 57.85 | No |
| Public IssuesAug 2025, checked by CARE Ratings Limited | 792.00 | Investment in our Subsidiary Dhyan Projects Private Limited | 274.00 | 186.16 | No |
| Public IssuesAug 2025, checked by CARE Ratings Limited | 792.00 | Investment in our Subsidiary Tryksha Real Estate Private Limited | 136.00 | 61.26 | No |
| Public IssuesAug 2025, checked by CARE Ratings Limited | 792.00 | General corporate purposes | 182.29 | 182.29 | No |