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Sri Lotus Developers and Realty LimitedJV/Acquisition, 03-07-2026: Acquisition

03-07-2026 | 07:25 pm

Sri Lotus Developers is boosting its real estate footprint by investing a total of ₹4.91 Cr into its three wholly-owned subsidiaries: Veera Desai Projects, Dhiti Projects, and Prasati Projects. This capital infusion, provided through rights issues, maintains the company's 100% ownership in each entity. The funds will primarily support the working capital needs of these subsidiaries, all engaged in real estate development. While the subsidiaries currently show zero turnover, this move is strategic for expanding Sri Lotus's overall business in the real estate sector, signaling future growth ambitions.

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