Anand Kamalnayan Pandit, promoter of Sri Lotus Developers, is selling up to 5.89% stake to meet...

Anand Kamalnayan Pandit, promoter of Sri Lotus Developers, is selling up to 5.89% stake to meet minimum public shareholding rules.

If you track listed real estate firms, this shows how promoters use stock exchange sales to comply with regulatory shareholding rules.

https://realty.economictimes.indiatimes.com/news/industry/sri-lotus-developers-promoter-to-sell-up-to-5-89-stake-through-ofs/135481220