Sri Lotus Developers & Realty Limited has announced the incorporation of a wholly owned subsidiary company to expand its real estate operations. The company informed stock exchanges BSE and NSE on March 12, 2026, about the establishment of Sri Lotus Elegancia Realty Private Limited under regulatory compliance requirements.

Subsidiary Company Details

The newly incorporated subsidiary has been established with specific capital structure and business objectives aimed at strengthening the parent company's market presence.

Business Objectives and Strategic Focus

The wholly owned subsidiary will operate in the real estate sector, focusing on development and redevelopment of both residential and commercial projects. This strategic move aligns with the parent company's core business operations and represents an expansion of its real estate portfolio. The subsidiary is positioned to commence business operations in the real estate development segment, though it has not yet begun operational activities.

Financial and Regulatory Aspects

The acquisition involves 100% subscription to the equity share capital through cash consideration of Rs. 10.00 lakh. The company has clarified that this initial subscription amount does not fall within the purview of Related Party Transactions, as it involves the incorporation of a new entity rather than acquisition of an existing company.

Compliance and Disclosure

The incorporation was disclosed pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This follows the company's earlier communication dated February 09, 2026, maintaining transparency with stakeholders and regulatory authorities. The disclosure ensures compliance with stock exchange listing requirements and provides investors with timely information about corporate developments.

The subsidiary incorporation represents a strategic step in Sri Lotus Developers & Realty Limited's business expansion plans within the real estate sector, providing a dedicated vehicle for pursuing development and redevelopment opportunities in residential and commercial segments.

Sri lotus developers & realty Limited has been appointed as the developer for a prestigious mixed-use redevelopment project located in Lokhandwala, Andheri (W). The company made this disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 on February 11, 2026.

Project Overview

The proposed redevelopment project will feature premium residential and commercial spaces designed with world-class amenities and sophisticated architecture. The development aims to create an exclusive address that combines luxury living with commercial functionality in one of Mumbai's sought-after locations.

Strategic Impact

The company expects this development to significantly strengthen its presence in the luxury real estate segment. Sri Lotus Developers views this appointment as an opportunity to enhance long-term stakeholder value through its expansion into premium mixed-use developments.

The project represents the company's continued focus on high-end real estate developments that cater to discerning customers seeking exclusive addresses with sophisticated amenities.

Regulatory Compliance

The appointment was formally disclosed to both BSE Limited and National Stock Exchange of India Limited as part of the company's regulatory obligations. Sri Lotus Developers stated that additional information about the project will be disclosed in due course as development progresses.

The disclosure was signed by Ankit Kumar Tater, Company Secretary and Compliance Officer, ensuring proper adherence to listing regulations and transparency requirements.