Lotus Infra Projects Private Limited agreed to acquire 50% stake in SRS Lotus Projects Pvt. Ltd. from SRS Real Infrastructure Ltd. (BSE:533305) for INR 5 million on April 25, 2016. The Board of Directors of SRS Real Infrastructure decided to sell SRS Lotus Projects. The transaction is expected to close on or before April 30, 2016. Lotus Infra Projects Private Limited completed the acquisition of 50% stake in SRS Lotus Projects Pvt. Ltd. from SRS Real Infrastructure Ltd. (BSE:533305) in the quarter ended June 30, 2016.