Sri Lotus Developers and Realty Limited recommends final dividend of Rs. 0.50

The Board of Directors of Sri Lotus Developers and Realty Limited at its Meeting has recommended a final dividend at 50% i.e. Rs. 0.50/- (Fifty Paisa) per equity share having face value of Rs. 1/- per share on the equity shares for the financial year 2025-26. The dividend, if approved by the Members at the ensuing Annual General Meeting ("AGM") will be credited / dispatched within 30 days from the date of AGM to the shareholders whose name appears in the Register of Members as on the Record date.

The record date for payment of final dividend shall be fixed and intimated in due course.

With a view to retain some funds and utilize them towards expansion of the Company, Promoter and Promoter Group shareholders, comprising 81.87% of the shares of the Company, had come forward and voluntarily waived off their right to receive dividend. The Board has confirmed the voluntary waiver off of the Final Dividend for the year 2025-26.

Shares of Sri Lotus Developers and Realty Limited was last trading in BSE at Rs. 142.40 as compared to the previous close of Rs. 145.75. The total number of shares traded during the day was 61587 in over 1341 trades.

The stock hit an intraday high of Rs. 147.40 and intraday low of 141.40. The net turnover during the day was Rs. 8854711.00.

Source : Equity Bulls

Keywords

SriLotusDevelopersandRealty INE0V9Q01010 Residential Commercial FinalDividend FY26