Sri Lotus Developers Announces AGM and Leadership Changes

• 12th Annual General Meeting scheduled for September 29, 2026.
• Board recommends appointment of Paarth Deepak Chheda as Executive Director for a five-year term.

Reader Takeaway: Upcoming dividend payouts and board transition provide immediate focus points for shareholders ahead of the AGM.

What just happened

Sri Lotus Developers and Realty Limited has officially called for its 12th Annual General Meeting, which will be conducted virtually on September 29, 2026. The company has appointed CS Sandhya R. Malhotra of Manish Ghia & Associates as the official scrutinizer for the meeting's voting process.

Leadership Changes

The Board of Directors has formally recommended the appointment of Mr. Paarth Deepak Chheda (DIN: 06430713) as an Executive Director. If approved by shareholders at the AGM, his term will commence on October 1, 2026, and span five consecutive years.

Dividend Declarations

The company announced dividend proposals for two separate financial periods:

• Interim Dividend (FY 2026-27): A 30% dividend at Rs. 0.30 per equity share (face value Re. 1). The filing notes a record date of September 11, 2025.
• Final Dividend (FY 2025-26): The board has designated September 25, 2026, as the record date for this payout, subject to approval during the upcoming AGM.

What to track next

Investors should monitor the outcome of the shareholder vote regarding the appointment of Mr. Chheda and ensure their records are updated before the specified record dates for dividend eligibility. Shareholders should also note the year discrepancy regarding the interim dividend record date provided in the corporate filing.