Mumbai, November 8 (Udaipur Kiran) — Shares of Sri Lotus Developers traded higher on Friday after the company announced the incorporation of its wholly owned subsidiary, Arahan Projects, aimed at expanding its presence in the real estate sector.
The stock was trading at ₹176.00, up by ₹2.45 or 1.41% from its previous close of ₹173.55 on the BSE. During the session, it opened at ₹173.55 and touched an intraday high of ₹176.80 and a low of ₹172.00. A total of 69,899 shares changed hands on the counter.
The BSE Group ‘B’ stock, having a face value of ₹1, recorded a 52-week high of ₹218.50 on August 11, 2025, and a 52-week low of ₹172.60 on November 7, 2025. The company’s market capitalization currently stands at ₹8,589.32 crore.
Promoters hold 81.86% of the company’s shares, while institutional investors and non-institutional investors hold 5.58% and 12.56%, respectively.
According to a regulatory filing, Arahan Projects was incorporated in India on November 6, 2025, as a wholly owned subsidiary of Sri Lotus Developers and Realty. The new entity will focus on real estate development and redevelopment of residential and commercial projects, furthering the company’s expansion strategy in premium markets.
Sri Lotus Developers and Realty, based in Mumbai, is known for developing high-end residential and commercial projects, particularly specializing in redevelopment ventures within the ultra-luxury and luxury segments across the city’s western suburbs.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
