Sri Lotus Developers and Realty Limited
American Funds bought 95.05 lakh shares of Sri Lotus Developers and Realty Limited for ₹190.01 Cr through a bulk deal at ₹199.89 apiece.
A Mumbai-based real estate developer specializing in residential and commercial properties across the ultra-luxury and luxury segments. Sri Lotus focuses on redevelopment projects in the western suburbs, combining property development with modern construction practices and innovative design solutions. The company targets high-end residential and commercial markets through strategic urban renewal initiatives, offering integrated living and working spaces to discerning customers across premium locations.
India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.